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Pioneering Fund Stages Second Act.

Authors :
Patterson, Scott
Strarsburg, Jenny
Source :
Wall Street Journal - Eastern Edition. 3/16/2010, Vol. 255 Issue 61, pA1-A20. 2p. 2 Black and White Photographs, 1 Chart.
Publication Year :
2010

Abstract

The article discusses Peter Brown and Bob Mercer, co-chief executive officers of hedge-fund firm Renaissance Technologies LLC. In January, 2010 the two men assumed the duties of retiring Renaissance founder James Simons, a pioneer in using quantitative trading strategies. Brown and Mercer may close the Renaissance funds that remain open to new investors if fund performance does not improve.

Subjects

Subjects :
*HEDGE funds

Details

Language :
English
ISSN :
00999660
Volume :
255
Issue :
61
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
48578620