Citadel flagship fund rose 5.75% in Q1 -source

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Citadel flagship fund rose 5.75% in Q1 -source
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Carbon tax protest at Nova Scotia-New Brunswick border | SaltWire #newbrunswick #novascotia #rallyNEW YORK - Ken Griffin's hedge fund Citadel capped the first quarter with a positive performance in all its funds strategies, with the flagship Wellington fund posting gains of 5.75%, according to a source familiar with the matter.

Citadel Global Equities was up 6.3% in the quarter, while the firm's Tactical Trading and Global Fixed Income funds rose 7.6% and 2.05%, respectively.Hedge funds are starting to unveil to investors their performances for the first quarter, a period when most stocks indexes rallied, along with a rise in the dollar and a rise in yields of the 10-year U.S. Treasury.Schonfeld Strategic Advisors, with $10 billion in assets, ended the first quarter with a 6.

Schonfeld's Fundamental Equity fund rose 5.9% in the quarter, the source added. Quantitative strategies, tactical trading and Asia helped boost both funds' performance in the period.ADVERTISEMENT

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