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Citadel Outpaces Multistrategy Peers

The Chicago hedge fund firm has posted solid gains this year amid market conditions that have confounded many other firms.

       Kenneth Griffin, Citadel (Bloomberg)Kenneth Griffin’s Chicago-based hedge fund firm, Citadel, continues to deftly maneuver through the turbulence in global financial markets, which has confounded many multistrategy and macro hedge funds this year. In May alone, Citadel’s Wellington and Kensington Global Strategies multistrategy funds gained 1.5 percent. As a result, they are

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