Hedge Fund Cheatsheet #2: Renaissance Technologies

University courses Economics, Finance, Business & Marketing
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  • Founded by mathematician James Simons in 1982, Renaissance is renowned for its quantitative trading strategies.
  • The Medallion Fund, available only to employees, has achieved remarkable returns, averaging around 40% annually over several decades.
  • Renaissance’s success is attributed to its sophisticated mathematical models and proprietary trading algorithms, which exploit inefficiencies in financial markets.
  • The fund’s secretive nature and limited external capital have contributed to its mystique and outsize performance.
    Renaissance Technologies
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