Ken Griffin's Citadel, managing $65 billion, navigated market volatility in April with significant gains across its funds. Despite the S&P 500's overall decline of 0.8%, Citadel's flagship Wellington fund rose 1.3%, while its equities strategy surged by 2.2%. Other specialized funds also posted positive returns, with the global fixed income fund achieving 4.6% and the tactical trading fund up 3.2% for the year. This series of gains came after challenging months in March and February, indicating a recovery and resilience in Citadel's strategies amidst a tumultuous trading environment influenced by President Trump's tariff announcements.
Ken Griffin advised investors navigating last month's markets to "tread water and not drown." Despite volatility, his $65 billion firm saw gains.
Griffin's flagship fund at Citadel was up 1.3% in April, while its tactical trading fund gained 3.2% this year after a rocky first quarter.
Collection
[
|
...
]