Citadel's Stockpickers Saw Big Gains in April Despite Market Downturn
Ken Griffin's Citadel is outpacing hedge fund rivals such as Millennium and Balyasny so far this year.
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Ken Griffin's Citadel is outpacing hedge fund rivals such as Millennium and Balyasny so far this year.
Speculation has swirled around the strategy since Jane Street filed its April 12 suit. The firm’s description in its complaint was heavily redacted, but the strategy was called “immensely valuable.”
Hedge fund’s bet against shares in Paddy Power owner comes after the company announced an increase in revenue, average monthly players and earnings
(Bloomberg) -- Millennium Management accused Jane Street Group of playing games by not fully disclosing the proprietary trading strategy it claims was stolen by two former traders who joined Izzy Englander’s hedge fund group.Most Read from BloombergBHP’s $39 Billion Copper Play Was Years in the MakingAI Boom’s Secret Winners? The Companies Expected to Power ItApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingThe L
Non-competes have been banned by the Federal Trade Commission in America. It matters less to banks and hedge funds than you might think.