Griffin’s Citadel Rose in September as Hedge Funds Fell

Bloomberg – Ken Griffin’s $24 billion Citadel LLC posted gains in its main funds in September, bucking declines among peers with bets on stocks and bonds.

The Chicago-based firm rose 4.4 percent last month in its main Kensington and Wellington funds, bringing 2014 returns to 15 percent, according to a person familiar with the matter, who asked not to be identified because the returns are private. Citadel’s Global Equities fund climbed 3.4 percent in September and 17 percent this year. Its Global Fixed Income fund increased 5.2 percent last month and 8 percent in 2014.

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