Tag:
Renaissance Institutional Equities Fund
Latest Headlines
Latest Headlines
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
A winning hedge fund for Jim Simons
You probably know Jim Simons as the man, regularly described as "reclusive," who runs Renaissance Technologies, a quant shop. The firm's Medallion fund, the oldest of its three hedge funds , is on a tear right now. The New York Post reports it was up 48 percent as of the end of July. It was
