© Reuters. FILE PHOTO: The Citadel Securities logo is seen at its offices in Manhattan, New York, U.S., October 31, 2022. REUTERS/Andrew Kelly
NEW YORK (Reuters) – Citadel’s flagship Wellington hedge fund gained 1.38% last month as the failure of Silicon Valley Bank and signature bank (OTC:) triggered a sharp sell-off in the market that sparked fears of a broader financial crisis.
The Citadel fund is now up 4.19% on the year, according to an investor in the fund.
Its other portfolios also reported gains, the investor said.
Citadel’s tactical trading fund was up 5.46% on the year and its stock fund was up 4.56% on the year, while the global fixed income fund reported a gain of 1.77% on the year , the person who is not allowed to talk about the performance said publicly.
A representative for Citadel declined to comment.
(This story has been re-archived with a corrected image.)
