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Ken Griffin's Citadel Leads Strong Month for Multistrategy Funds

The second half is shaping up to be better than the first for many managers.

  • By Stephen Taub

      Ken Griffin, Citadel LLC (Photo Credit: Amanda Gordon/Bloomberg).  Ken Griffin's flagship fund was one among several multistrategy funds to enjoy a strong August during what has otherwise been a mediocre year for the strategy. Part of the problem for multistrategy managers has been the virtually zero interest rate environment, which makes it

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