Medallion Fund

Jim Simons, a titan in the world of finance, mathematics and philanthropy, died in New York City on Friday. He was 86. Born James Harris Simons on April 25, 1938, in Newton, Massachusetts, he showed early promise in mathematics. He attended the Massachusetts Institute of Technology, earning his...

Forbes was out with its compilation of the 25 highest-earnings hedge fund managers and traders. In the same vein, Benzinga is presenting readers with interesting facts about the 25 successful hedge fund managers/traders. 1. James Simons Of Renaissance Technologies Corp. The flagship fund of...

One of the most profitable and closely-guarded secrets on Wall Street is hedge fund Renaissance Technologies’ Medallion Fund. The Medallion Fund has averaged at least a 27.3 percent annual gain every single year since 2000. Renaissance Technologies is staffed by about 300 employees, mostly...