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Ken Griffin’s Citadel has outperformed many hedge funds and boosted its assets to $63 billion — now it plans to return $7 billion to clients

Citadel’s performance is an outlier among its multistrategy peers, many of which have posted single-digit returns this year.

13.12.2023 10

Hema Parmar

Short-seller Jim Chanos, who cashed in by betting on Enron's infamous collapse, to close his hedge funds after 38 years

He’s winding down his funds after returning almost $5 billion of profits to investors since his firm’s inception.

Hema Parmar

Billionaire Steve Cohen predicts a short ‘fake scare’ recession this year followed by a stock market rebound

He expects economic growth to jump next year and equity markets to rally 3% to 5%, prompting interest rates to rise “higher than people think.

Hema Parmar