Kenneth C. Griffin (R) speaks during the New York Times Dealbook Summit 2024 in Jazz in Lincoln Center on December 4, 2024 in New York City.
Eugene Gologursky | Getty images
The flagship hedge fund of billionaire investor Ken Griffin climbed in a volatile January, according to a person who is familiar with the returns.
Citadel’s Multi -Strategy Flagship Wellington Fund rose 1.4% in January, after a win of 15.1% in 2024, according to the person who spoke anonymously because the performance numbers are private. All five strategies used in the fund – raw materials, shares, fixed -income values, credit and quantitative – were positive for the month, the person said.
The tactical trade fund of the Miami -based company won 2.7% in January, while his stock fund, which uses a long/short strategy, also returned 2.7%, the person said. In the meantime, Citadel’s global fund with fixed -income income has returned 1.9%.
Citadel, which had $ 65 billion in assets under management when the year started, refused to comment.
Last month, markets experience violent price fluctuations when investors became wary of President Donald Trump’s protectionist policy. At the end of the month, an artificial intelligence competent from China is called Deep caused a huge sale in Nvidia and other mega -tech shares used up.
The S&P 500 climbed by 2.7% in January and 1.9% increased in 2025 after a stellar two -year run in 2023 and 2024. The Equity Benchmark scored a second consecutive annual profit to 20% and the two -year win of 53 last year % is the best since 1997 and 1998, when almost 66% rose.
Before the new government took office on January 20, Griffin criticized the steep rates that Trump promised to implement, and said they could lead to boyfriend capitalism.
The founder of Citadel said that domestic companies can enjoy an advantage in the short term by having their competitors weaken. In the longer term, however, rates do more damage to American business and the economy, because companies lose competitiveness and productivity, Griffin said.