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NEW YORK, Nov 6 (Reuters) - Citadel's flagship fund Wellington posted a 1.8% return in October, boosting the fund's performance for the year to 6.8%, according to a person familiar with the matter. Sign up here. The firm's Tactical Trading fund posted gains of 2.7% in October and jumped 13.4% for the January to October period, while its Global Fixed Income fund rose 1.1% in October and 7.3% year-to-date through October, the source said. Other leading hedge funds such as Millennium Management and Balyasny Asset Management also posted gains during the month of October, according to people familiar with the matter. Global hedge fund capital rose to a record of almost $5 trillion in the third quarter and the number of hedge funds is at a decade high, according to a recent report by Hedge Fund Research. The growth coincides with almost $34 billion in new investor money allocated to hedge funds in the third quarter, the highest quarterly net asset inflow since the third quarter of 2007. Reporting by Anirban Sen in New York and Nell Mackenzie in London Our Standards: The Thomson Reuters Trust Principles., opens new tab Anirban Sen is the Editor in Charge of Market Structure at Reuters in New York where he leads the news agency's coverage of stock exchanges, and market-making firms including Jane Street and Citadel Securities. Previously Anirban was M&A Editor at Reuters, leading a team of reporters who regularly broke market-moving news about the biggest deals in corporate America. Some of his scoops have included Mars' $36 billion deal for snack maker Kellanova, design software firm Synopsys' $35 billion deal for Ansys, and buyout firm GTCR’s $18.5 billion deal for merchant services provider Worldpay. In 2023, Anirban was part of a Reuters team that won a Gerald Loeb Award for the agency's coverage of the collapse of FTX. After starting with Reuters in Bangalore in 2009, he left in 2013 to work as a technology deals reporter in several leading business news outlets in India, including The Economic Times and Mint. Anirban rejoined Reuters in 2019 as Editor in Charge, Finance, to lead a team of reporters in India, covering everything from investment banking to venture capital.
