doubledigit

Ken Griffin’s hedge fund Citadel posts double-digit returns in 2023, but lags the S&P 500

by

Ken Griffin, Citadel at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Ken Griffin’s various hedge fund strategies all posted double-digit returns for 2023, but they failed to beat the S&P 500. Citadel’s multistrategy Wellington fund gained 15.3% last year, according to a person familiar with the returns. The flagship fund had … Read more

China studies double-digit plunge in July exports and imports, lacking expectations

by

A container ship from China-owned Cosco Delivery sits within the Port of Oakland in California on Aug. 7, 2023. Justin Sullivan | Getty Pictures Information | Getty Pictures BEIJING — China stated Tuesday that exports fell by 14.5% in July from a yr in the past, whereas imports dropped by 12.4% in U.S. greenback phrases. … Read more