Renaissance Gains 8.5% In 2018 After Warning Of "Significant Correction Risk"

[Nighthawk]

Why are you even here when you don’t understand the difference between a hedge fund and mutual fund? And category of funds like under $2B versus over $20B.
Let’s see if your little French “fund” will be included in any hedge funds performance reports once released, and how it will compare within its own category. The above article has nothing to do with your French “non-hedge fund”.

:=) Nice try, "guru". A mutual fund that is leveraged 1:8 in OTC Spot FX and 1:6 in derivatives is not a "mutual fund". Especially since it falls under the AIFM Directive of the EU.

And now go back and try your definition of a "mutual fund" again...

 

[dealmaker]

Hedge Fund RenTech Created the Ultimate, Tax-Free IRA Account for Employees (Bloomberg)
Renaissance Technologies, the giant hedge fund founded by billionaire Jim Simons, looks like it has created the premier, tax-free retirement account for its employees. A deft maneuver back in 2012 enabled employees to invest in RenTech’s storied Medallion Fund via individual retirement accounts, or IRAs, which provide tax benefits for millions of ordinary Americans savers who are putting money aside for their golden years.