Ken Griffin's Citadel extends winning streak in 2023 amid gains in stocks

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

الإمارات العربية المتحدة أخبار أخبار

Ken Griffin's Citadel extends winning streak in 2023 after last year's record gains, matching the broader rally in stocks

The powerhouse's multi-strategy flagship fund Wellington gained 0.7% last month, bringing its year-to-date performance through February to 2.8%. The strong numbers mirror the rally in stocks this year, with the S&P 500 rising more than 3% in the same period.

Meanwhile, Citadel's equities fund advanced 2.4%, while its global fixed income fund is 1.6% higher so far in 2023. record $16 billion in profitsCitadel's record-breaking gains topped the seven-year winner Ray Dalio's Bridgewater on LCH's top hedge fund manager list for 2022. It also outpaced the roughly $15.

This year however, US stocks have staged a comeback as investors anticipate the Fed will ease up on the pace of its interest-rate hikes as inflation cools. The Nasdaq is up about 12% so far this year, while the Dow Jones has risen about 0.76%.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 729. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

David Einhorn's hedge fund picks 3 stocks he is bullish on for 2023David Einhorn's hedge fund crushed the S&P 500 last year. These are the 3 stocks he's counting on for continued outperformance.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »