(Reuters) - But those looking for hot stock tips from the 69-year-old
founder of the mega-hedge fund group Renaissance Technologies
Corp. at the International Association of Financial Engineers
meeting are likely to be disappointed.
The firm, which manages two main funds with combined assets
of $30 billion, trades thousands of stocks, bonds, derivatives,
currencies and other securities so rapidly that the picture
changes on a minute-by-minute basis. What's hot for the firm
one minute may not be five minutes later.
Read more at Reuters.com Bonds News
founder of the mega-hedge fund group Renaissance Technologies
Corp. at the International Association of Financial Engineers
meeting are likely to be disappointed.
The firm, which manages two main funds with combined assets
of $30 billion, trades thousands of stocks, bonds, derivatives,
currencies and other securities so rapidly that the picture
changes on a minute-by-minute basis. What's hot for the firm
one minute may not be five minutes later.
Read more at Reuters.com Bonds News
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