(Bloomberg) -- Citadel’s four hedge funds all generated double-digit returns this year, according to people familiar with the matter, outshining peers in turbulent markets. 

The company’s flagship Wellington multi-strategy fund returned 2.5% in September, bringing year-to-date performance to about 29%, the people said, asking not to be named because the information is private. 

Ken Griffin’s firm saw its Global Fixed Income fund climb 1.3% last month, bringing this year’s return to about 24%, the people said. Its Tactical Trading fund climbed 2.4% in September, driven by fundamental long-short and quantitative equity strategies, taking this year’s gain to 21%, they added. 

Citadel Equities rose 2.5% in September, with year-to-date performance reaching about 17%, they added. 

The company declined to comment in an emailed statement. 

In a year of market turmoil, Citadel has navigated choppy waters to deliver investment returns that beat rivals. A Eurekahedge Pte index that tracks hedge funds globally has lost 5.7% this year, heading for its worst annual performance since 2008, according to preliminary data through September. 

Read about Citadel’s move to Florida 

The MSCI World Index of stocks has tumbled 22% this year and bonds have also slumped as central banks raised interest rates to combat inflation, raising the risk of a global recession. 

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