Citadel assets drop $500 million
By Katrina Dean Allen
Tue Aug 17, 2010
Ken Griffin has yet to hit his high-water mark.
Going into what looks like a second year without hitting its high-water mark, Ken Griffin’s Citadel has lost another $500 million in assets since the start of the year due to a combination of redemptions and performance losses.
Despite posting a 62% gain last year in its flagship multistrategy hedge funds—Kensington and Wellington—the firm’s overall assets...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.