Tag Archives: Renaissance RIEF

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, [...]

Read more

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 [...]

Read more