(HedgeCo.Net)In a rare and closely watched setback, Citadel—the multi-strategy powerhouse led by Ken Griffin—saw its Global Fixed Income strategy decline approximately 8.2% in March, marking one of the sharpest drawdowns for the firm in recent years. While Citadel’s flagship Wellington fund remains positive on the year, the loss has sent ripples across the hedge fund industry, raising important questions about risk management, macro volatility, and the limits of even the most advanced “pod shop”...
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