Hedge fund Millennium delivers double-digit returns in 2025
Izzy Englander’s firm and rival Citadel recover after lacklustre start to year but fail to keep pace with some smaller firms
Related reading
Hedge fund Millennium sells 15% stake to top investors
Sale marks first time Izzy Englander has parted with equity in firm’s 36-year history
Hedge fund Millennium valued at $14bn in minority stake sale talks
Izzy Englander’s group working with Petershill Partners as it opens up to external investors for the first time
Hedge funds cast an envious eye at their highly valued buyout brethren
Millennium Asset Management is gunning for a ‘top of the heap’ private equity valuation
Elliott seeks to reassure investors as long-term returns fall behind S&P 500
Performance has lagged at Paul Singer’s hedge fund amid concerns that large size is barrier to strong returns
Citi sets aggressive targets for bankers in wealth management unit
Revised goals involve net revenue and value of assets clients entrust to Citi as business has lagged Wall Street peers
There is method in the market’s madness
But it relies on a host of rosy assumptions going in investors’ favour