Multi-strategy hedge fund majors Millennium Management and Citadel delivered double-digit returns in 2025, rebounding from a weak start to the year, though they trailed several smaller multi-manager peers, according to a report by the Financial Times.
Millennium, led by Israel Englander, returned 10.5% for the year, while Ken Griffin’s Citadel gained 10.2%, according to sources familiar with the figures. Both firms experienced early-year losses as markets were unsettled by the US trade war but r...
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