Renaissance’s Equity Fund Sinks 7% in Rout: Hedge Fund Update
A Wall Street street sign is seen in front of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Renaissance’s Equity Fund Sinks 7% in Rout: Hedge Fund Update

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(Bloomberg) -- Jim Simons’s Renaissance Technologies saw its quantitative equity hedge fund tumble 7% last month as stock markets sunk.