Citadel’s multi-strategy flagship Wellington fund gained 1.7% in September, bringing its 2023 performance to 12.6%.
s flagship hedge fund rallied last month when the broader market was rattled by tight monetary policy as well as rising recession fears, according to a person familiar with the returns.
The market has grown more volatile and fragile as investors grapple with a higher-for-longer interest-rate regime. Stocks resumed the sell-off this week as the 10-year Treasury yield surged to a 16-year high. Many notable investors,Griffin, founder and CEO of Citadel, "I'm a bit anxious that this rally can continue," Griffin said."Obviously one of the big drivers of the rally has been ... just the frenzy over generative AI, which has powered many Big Tech stocks. ... We're sort of in the seventh or eighth inning of this rally."
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KEN KRAMER'S ABOUT SAN DIEGO: Vintage Train & San Diego State CollegeThursday, Oct. 5, 2023 at 8 p.m. on KPBS TV / PBS App + Encores Sunday, Oct. 8 at 4 p.m. on KPBS TV and Monday, Oct. 9 at 8 p.m. on KPBS 2. We join Ken aboard a vintage train through the desert backcountry of San Diego County. A visit to a railroad landmark in National City; a look back at what it was like at San Diego State College 60 years ago; and some great things About San Diego sent in by viewers.
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