Citadel’s Flagship Funds Rise 4.3% in First Quarter

(Bloomberg) The flagship hedge funds at Ken Griffin’s Citadel rose 4.3 percent in the first quarter, outperforming peers.

Gains from commodity, equity and quant wagers helped the firm’s multistrategy Wellington and Kensington funds gain 1.4 percent last month, a person familiar with the matter said. The first-quarter returns beat Hedge Fund Research Inc.’s Global Hedge Fund Index, which sunk 1 percent in that time.

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