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Multistrat Funds Report Mediocre Performance in First Quarter

Citadel and most others post gains of less than 3 percent for the period.

   Israel Englander, founder of Millenium Capital Management (Photo Credit: Jonathan Alcorn/Bloomberg). Multistrategy hedge funds continue to muddle along this year, posting mediocre returns amid an otherwise strong stock market after a similarly uninspiring year in 2016.Most of the major, high-profile multistrategy funds returned between 2 percent and 3 percent in the

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