Griffin’s Citadel to swerve New York after mayor’s wealth tax campaign Wealth Hedge fund juggernaut Citadel has diverted investment earmarked for New York to its Miami headquarters, founder Ken Griffin has said, after the city’s socialist mayor filmed a video promoting a new ‘pied a terre’ wealth tax outside the billionaire’s $285m penthouse. Griffin told CNBC that because of mayor Zohran Mamdani’s social media clip, his $67bn [...]
Citadel founder questions understanding of private credit risks Markets Hedge fund billionaire Ken Griffin has questioned whether wealthy individuals understand the risks that come with investing in private credit, as the industry wobbles under pressure from investors looking to pull money out. Griffin, who founded $67bn hedge fund Citadel and trading firm Citadel Securities, is the latest in a string of high-profile financial leaders [...]
Investors on alert after Japanese market jitters Economics Japan continued to preoccupy traders at the start of the week after the country’s prime minister suggested that the government was ready to support the yen, pushing the currency up to its strongest level against the dollar in two months following market turbulence that has been described as a “Liz Truss-lite moment”. The yen marked [...]
‘Liz Truss-lite’: Is Japan in the midst of a sovereign debt crisis? January 22, 2026 Japan’s long-dated bonds suffered their worst sell-off this century on Tuesday. Ali Lyon asks whether the rout could spark a full-blown debt crisis? For decades, the world’s fixed income investors have been sucked in – and spat out – by an alluring trade on Japan’s government bonds. Secure in their belief that the securities’ unfathomable, [...]
Citadel’s Griffin condemns Trump’s Federal Reserve attack January 21, 2026 Donald Trump’s onslaught against the Federal Reserve is a political misstep that will put “he and his party in a precarious position”, Citadel founder Ken Griffin has said, in one of the most stinging rebukes from a US business luminary since the White House launched legal action against the central bank last week. Speaking at [...]
The compromising iPad photos that dragged a London quant trader to court October 25, 2025 It’s never easy moving jobs in the Square Mile – especially for the higher ups. Once you reach a certain seniority, your employer frets over the threat posed if you jump ship – what strategic information you could take with you. That was true for a London-based quant firm called G-Research, after one of its [...]
‘Critical growth hub’: Hedge funds drive demand for office space in London July 19, 2024 Over $13.1 trillion (£10.4 trillion) in assets are managed in London, and the capital has remained the world's second-largest centre for hedge funds and private equity firms globally after New York.
US hedgie Citadel makes big bet on London with space in another new skyscraper April 18, 2024 Three-quarters of a million square feet of workspace will be available for returning City workers with the deal, as a pre-let agreement has secured at least a third of the space already.