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 broader market. Citadel’s multistrategy Wellington fund gained 15.3% last year, according to a person familiar with the returns. The flagship fund had
Nearly five years after deadly storms in 2019, $3.7 million in federal funds awarded to the state for long-term disaster recovery remain to be spent and an administrator is being sought to rebuild and rehabilitate damaged homes. It’s not unusual for disaster recovery grants to take so long to reach survivors, said Becky Samples, director
With 2023 in the rearview mirror, our sights are set on what 2024 might bring. For investors, this means figuring out how to allocate new savings in the stock market, which continues to rise with each passing week. What’s encouraging is that even a relatively small sum of money can go a long way to
By Don Steinbrugge, Founder and CEO, Agecroft Partners Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than two thousand institutional investors and hundreds of hedge fund organizations. Given the hedge fund industry’s dynamic and constantly changing nature, it is crucial for firms to anticipate likely changes. Those
PHOTO PROVIDED Pictured from left, are Natasha Mantle, Williamsport Branch Manager, Jersey Shore State Bank; Ana Gonzalez-White, College Relations Officer, Community Arts Center; Jim Dougherty, Executive Director, Community Arts Center; Dawn Remsnyder, Commercial Lender, Jersey Shore State Bank. WILLIAMSPORT — The Community Arts Center received a $3,000 donation from Jersey Shore
BUFFALO, N.Y. (WKBW) — It is a new year but the same goal for Western New York’s largest school district. The Buffalo Public Schools District has to cut $90 million in spending, by the end of the school year. Budget talks among school leaders began in November 2023. The $90 million hole comes from American
WICHITA, Kan. (KSNW) — Bob Gault followed in the footsteps of his father and uncle, both steelworkers and Korean War veterans, and enlisted in the U.S. Marines Corp in 1976. Serving a tour and taking advantage of the GI Bill was his ticket to college. We pick up Gault’s story on his 18th birthday. Naval
After a bruising 2023, Aussies have something to smile about, with retirement savings increasing by nearly 10 per cent over the past 12 months, outpacing the rate of inflation and withstanding market volatility. The median balanced superannuation fund is expected to return 9.6 per cent for the year, according to new data released by SuperRatings.
ATLANTA, Ga. (WRDW/WAGT) – A state lawmaker is fighting back against what he calls an outdated law that denies Georgia students HOPE Scholarship money if they’re convicted of a nonviolent drug offense. State Rep. Eric Bell (D-Jonesboro) authored House Bill 853 to repeal the Drug-Free Postsecondary Education Act of 1990. MORE FROM THE GEORGIA CAPITOL: “You
SPRINGFIELD, Mass. (WWLP) – The Center for Community Recovery Innovations has awarded more than $600,000 for sober housing across the state including in western Massachusetts. The total of $679,837 in grant funding will help preserve or create 98 affordable sober housing units and provide supportive services to men, women, and families impacted by substance use