Tag Archives: Jim Simons

Chart of the Week: Performance RIEFersal – Riding the market to the podium

With the Renaissance Institutional Equities Fund recently taking home the Hedge Funds Review Americas Awards for “Best long/short equity hedge fund” and “single manager fund of the year”, we thought it would be worth taking another gander at RIEF to explore the fund’s performance generation. [1] We figured RIEF might be doing something different since […]

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The Past of the Futures (Renaissance RIFF) Fund

While the RIEF fund has opened up a bit to investors, there’s virtually no information available on the Renaissance Futures RIFF fund started in 2007. In his Nov. 2008, testimony before the House Committee on Oversight and Government Reform, Jim Simons said about RIFF that it: “…is a slow trading fund, investing in commodities, currencies, […]

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Renaissance RIEF April 2009 Performance Puzzle

Back in 2007, we published a research report “The Law of Large Numbers“ with an analysis of the Renaissance Technologies RIEF fund and  showed how a similar strategy would have performed during previous recessions and major market downturns. Thus, it shouldn’t come as a surprise that the RIEF has lost about 17% through April and […]

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