Ken Griffin’s hedge-fund firm performed better than peers in 2023 with a nearly 15% return for its flagship fund. : https://www.wsj.com/finance/investing/citadel-is-handing-back-about-7-billion-in-profits-to-clients-ee573657 Citadel is planning to give its investors about $7 billion in profits it earned in a year when choppy stock markets and interest rates challenged most hedge-fund managers, people familiar with the firm said. The flagship multistrategy fund at Ken Griffin’s Miami-based firm returned nearly 15% in the first 11 months of 2023, the people said. The fund, Wellington, gives investors exposure to stocks, bonds, commodities and other asset classes and returned 38% in 2022.

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