The global fixed income fund under the Castle Flag Castle fell 8.2% in March, and the Wellington Fund fell 1.9%.
The Castle Global Fixed Income Fund fell 8.2% in March, the worst performance among the main strategies of this hedge fund company, affected by the global market shocks caused by the Middle East war. Insiders said this led to a 5.5% drop in the fund so far this year. Another insider said that this global fixed income fund, which is smaller than the flagship Wellington Fund, dropped 4.75% in the first week of March alone. As time passed, the decline continued to widen, reaching about 8% by March 20th. Castle Investment's other strategies managed by Ken Griffin, totaling $69 billion, showed relatively better performance. One insider said that their more diversified Wellington Fund dropped 1.9% in March, with gains narrowing to 1% so far this year. Both equity strategy funds and tactical trading funds saw growth, with the latter's returns rising to 5.3% this year.
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