Kenneth C. Griffin (R) Speaks during The New York Times Dealbook Summit 2024 at Jazz at Lincoln Center on December 04, 2024 in New York City.
Eugene Gologursky | Getty Images
Billionaire Investor Ken Griffin ‘S Flagship hedege fund Climbed in a Volatile January, According to a Person Familiar with the Returns.
Citadel’s Multistrategy Flagship Wellington Fund Rose 1.4% in January, Following a 15.1% gain in 2024, According to the person, who spoke anonymously because the performance numbers are private. All five strategies used in the fund – commodities, equities, fixed income, credit and quantitative – Ware positive for the month, the person said.
The miami-bonded firm’s tactical trading fund Gained 2.7% in January, while its rights funds, which uses a long/short strategy, also returned 2.7%, also, asked the person. Meanwhile, Citadel’s Global Fixed-Income Fund Returned 1.9%.
Citadel, which has $ 65 billion in assets under management as the year began, declined to comment.
Markets Experienced Vioilent Price Swings Last Month as Investors Grew Wary of President Donald Trump’s Protectionist Policies. At the end of the month, an artificial intelligence competitor out of china called Deepseek caused a massive sell-off in Nvidia And Upended Other Megacap Tech Stocks.
The S & P 500 Climbed 2.7% in January and is up 1.9% in 2025 Following a Stellar Two-Year Run in 2023 and 2024. 53 % is the best since 1997 and 1998, when it jumped near 66%.
Before the new Administration Took Office Jan. 20, Griffin criticized the steep tarifs trump vowed to implement, say they Could Result in Crony Capitalism.
The citadel founder said domestic companies unjoy a short-term benefit by having their competitors weakened. Longer Term, however, tariffs do more harm to corporate america and the economy as companies lose competitiveness and productivity, Griffin Said.
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