How Citadel's Ken Griffin Views Opportunities in China's Economy and Market
Ken Griffin, founder of Citadel Investment and Citadel Securities, is one of the most successful hedge fund managers globally. As of 2023, Citadel manages $61 billion with a 38% return in 2022
Ken Griffin, the founder of Citadel Securities, one of the world's most renowned market makers, is among the most successful hedge fund managers globally. He is also widely recognized as a business leader actively engaged in American society and politics.
At 55 years old, Ken Griffin founded Citadel Investment at the age of 21. Currently managing $61 billion in assets, Citadel ranked third globally among hedge funds as of the end of June 2023, with a leading performance record. In the tumultuous stock market of 2022, Citadel achieved a return of 38%, surpassing Bridgewater Associates to become the hedge fund with the highest cumulative return since its inception, boasting an annualized return rate of 19.7% since 1990. According to the latest statistics released by LCH Investments in January 2024, Citadel earned a return of $8.1 billion in 2023, ranking it second globally for the year's returns and maintaining its position at the top for historical cumulative returns. However, its annual return rate of about 16% fell below the S&P 500 index’s surge of 24% amid the generative AI wave.
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