Is the world's most successful hedge fund under SEC investigation? - Alex Salkever

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Is the world's most successful hedge fund under SEC investigation?
May 15, 2009 07:00 PM UTC

Alex Salkever

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Filed under: Rumors, Money and Finance Today

It certainly appears that way. WSJ picks up on dissent among investors in Renaissance Technologies, a massive quantitative hedge fund run by the highly secretive geek James Simons. Observers have been wondering how Renaissance's in-house Medallion Fund has managed to continue to outperform the stock market handily while funds open to outside investors have performed miserably. Simons' outside investors funds were apparently obliterated in the massive short squeeze also known as the most recent bear market bounce.

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Is the world's most successful hedge fund under SEC investigation? originally appeared on BloggingStocks on Fri, 15 May 2009 14:00:00 EST. Please see our terms for use of feeds.

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