Renaissance Returns to Form With RIEF Fund

The hedge fund firm’s RIEF fund is back to beating its benchmark this year, while two other funds are also faring well.

It looks like the three Renaissance Technologies funds that are open to outside investment are well on their way to posting their best performances in several years.

Through December 12, the East Setauket, New York-based firm’s Renaissance Institutional Equities Fund (RIEF) is up 13 percent.

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