Storming the Citadel: will investors flee?

Thu Oct 30, 2008




Facing losses of more than 35% year to date in its two multistrategy funds, the now-$15 billion Citadel Investment Group so far has had only minimal redemptions. But Citadel has to be bracing for the next deadline when investors can line up to cash out: November 15.

Rumors about Citadel's financial health have been flying ever since its losses became well known, and the firm took unprecedented action in late October to calm the waters by...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI