In 2023, hedge funds marked a historic pinnacle, tripling returns from 2022 and delivering a staggering $67 billion windfall to investors. Reuters reports reveal Citadel, D. E. Shaw, and Millennium dominating the rankings with net gains. Despite Bridgewater and Caxton facing losses, the top 20 funds averaged a remarkable 10.5% increase. Coatue Management, Anson Funds, Millennium, and Citadel's Wellington Fund exhibited stellar performance in debt hedge funds, outpacing bond markets.
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2023: A Pinnacle Year for Hedge Fund Profits
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