“It even surpasses John Paulson’s profit in 2007, which has been described as ‘the biggest deal ever,'” says Rick Sopher, chairman of LCH Investments and chief executive officer of Edmond de Rothschild Capital Holdings, in a press release. “Their progress of him in the rankings in recent years has been remarkable.”
George Soros’s fund was at the top of his initial list in 2010, and Dalio then held the top spot for seven years before Griffin supplanted him this year.
The stellar year for Citadel’s flagship fund followed a 26% return in 2021 and decades of strong performance: $1 million invested in Wellington early in 1990 would be worth $328 million today, compared with $23 million if invested in the S&P500 index.
Citadel declined to comment on its investment strategyBut Griffin predicted to Forbes last year that high inflation would force central banks around the world to aggressively adjust interest rates and raised concerns about how sanctions against Russia would affect how the dollar is viewed around the world. the world. Macro hedge funds that trade based on international economic problems like these shined heavily in 2022.
Source: Ambito
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