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Investing.com -- Citadel’s flagship Wellington fund posted a 1.4% return in November, bringing its year-to-date performance to 8.3%, according to Reuters, citing a person familiar with the matter.
The Miami-based hedge fund firm saw positive results across its portfolio. The Global Equities fund rose 2.5% last month and 13.2% for the year through November 30. The Tactical Trading fund gained 2.6% in November and 16.3% year-to-date, while the Global Fixed Income fund increased 1.1% in November and 8.5% year-to-date.
Citadel Securities, founded by billionaire Ken Griffin, operates as a market maker in stocks, ETFs, mutual funds and other assets globally for institutional investors, using its own balance sheet to enhance market liquidity.
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