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After Five Good Years, Citadel’s Multistrat Funds Stumble
Kenneth Griffin’s firm absorbed a hit in the first quarter as equity trading took a bath. April looks better.
Kenneth Griffin, Citadel (Bloomberg) After putting together a string of five very strong years, Kenneth Griffin’s Citadel multistrategy funds are off to a rough start this year. Citadel’s Kensington and Wellington funds were off by 6.9 percent each in the first quarter. Most of the losses came from their equity book. Chicago-based
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