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James Simons
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Latest Headlines
Renaissance Technologies faring well this year
We've noted that several big name hedge funds managers have taken some lumps this year. David Einhorn and John Paulson top the list. But there's one star manager--or rather ex-manager--who is having a banner year.
Renaissance Technologies has staged a remarkable comeback in 2011. After posting
Hedge fund honchos wonder if it's time to quit
Stanley Druckenmiller may not be alone. Reuters notes that a lot of hedge fund managers are pondering whether the time is right to step away. There's a always a certain amount of flux in the industry.
Right now, the likes of John Paulson and David Tepper may be on top, but it is hard to ma
Druckenmiller to retire from hedge fund industry
Recall that George Soros etched his name in the history books back in 1992 when he made a massive bet against the Bank of England and forced a devaluation of the pound, making $1 billion along the way--a figure that still impresses. The real mastermind may have been his top trader Stanley Druckenm
James Simons to step down
James Simons, a revered figure in the hedge fund industry, has told investors he will give up day-to-day management duties and become non-executive chairman of Renaissance Technologies. He will participate in big corporate decisions, he says.
Peter Brown and Robert Mercer will become co-chief
James Simons' RIEF problems
James Simons has been near the top of the hedge fund industry for a long time. But he's run into some problems with his Renaissance Institutional Equities Fund (RIEF). As of August 2007, The Economist notes, the fund had $28 billion in assets. But in 2008, it lost 16 percent and investors with
James Simons on the defensive?
Renaissance Technologies' James Simons, who last year pocketed $2.5 billion, has his hands full with a poorly performing equity fund. The Renaissance Institutional Equities Fund was down roughly 17 percent through April. Apparently is was the victim of some ill-timed short bets. Simons was forced
Citadel battling at the rampart
What is a hedge fund firm like Citadel to do? It's top two funds--Kensington and Wellington--each fell more than 50 percent in 2008. Both were forced to clamp down on redemptions. Such losses would likely have proved fatal for smaller funds. Dow Jones suggests that Citadel benefits from its he
Paul Tudor Jones fares well in quant trading
Paul Tudor Jones is not known as a quant. But he entered the field last year and seems to have hit a home run, reports the New York Post . His Tensor fund, run by Steve Evans, has racked up a 19 percent gain, year-to-date. That has put the fund at the top of the class. Goldman Sachs Asset Manag
The hedge fund hall of fame
Alpha magazine has just released a hedge fund industry hall-of-fame list. There are 14 people on the list, most of whom you know about: James Simons, George Soros, Steven Cohen, Paul Tudor Jones and Michael Steinhardt, just to name a few. Alfred Winslow Jones, the inventor of the modern he
SPOTLIGHT: Best paid hedge fund managers
We all knew about John Paulson's $3.7 billion take. But what a year for George Soros, still relevant after all. He took home $3 billion. James Simons, of Renaissance Technologies, took home $2.8 billion. The rich just keep getting richer. Article Â
(George Soros, James Simons, John Pau
