Economic news

Citadel’s flagship fund up roughly 1% in August, says source

2024.09.04 09:25

NEW YORK (Reuters) – Citadel’s flagship hedge fund Wellington was up roughly 1% in August, a source familiar with the matter said, in a month which started with a brutal selloff in equities.

© Reuters. FILE PHOTO: The Citadel Securities logo is seen at their offices in Manhattan, New York City, U.S., October 31, 2022.  REUTERS/Andrew Kelly/FIle Photo

Year-to-date through August, the fund posted gains of 9.9%, the source added.

Citadel declined to comment on the matter.



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