Citadel Wellington fund gains 1.38% in March, up 4.19% for year - investor

Citadel Income Fund

04/04/2023 14:17

NEW YORK, April 4 (Reuters) - Hedge fund Citadel's
flagship Wellington fund gained 1.38% last month when the
failure of Silicon Valley Bank and Signature Bank triggered a
sharp market selloff that sparked fears of a broader financial
crisis.
    The Citadel fund is now up 4.19% for the year, according to
an investor in the fund.
    Its other portfolios also reported gains, the investor said.
Citadel's Tactical Trading fund is up 5.46% for the year and its
Equities fund is up 4.56%  for the year while the Global Fixed
Income fund reported a gain of 1.77% for the year, the person
who is not permitted to discuss performance publicly said.
    A Citadel representative declined to comment.
    

 (Reporting by Svea Herbst-Bayliss)
 ((svea.herbst@thomsonreuters.com; +617 856 4331; Reuters
Messaging: svea.herbst.thomsonreuters.com@reuters.net))