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

Discussion in 'Wall St. News' started by trader99, Jan 6, 2019.

  1. Nighthawk

    Nighthawk

    :=) 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...
     
    #11     Jan 23, 2019
  2. dealmaker

    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.
     
    #12     Feb 1, 2019