复兴基金: Renaissance Fund 资料来源: 内交猴 insidermonkey.com/ Jim Simons Bio, Returns, Net Worth Jim Simons’ Medallion Fund is the best hedge fund that Insider Monkey has come across. The fund’s returns are so spectacular that Jim Simons became one of the richest people on the planet. Medallion Fund employs high frequency trading and exploits inefficiencies in the stock market. One strategy they use takes advantage of the inefficiencies in the execution of large transactions. One of their algorithms determines whether a very large order is executed and front runs it. As a result Medallion experiences high transaction costs and high expenses. That’s why they charge a 5% fixed fee. On top of that they charge performance fee. That fee had been 20%, but after 2000 it increased initially to 36% and then to 44%. 1.(Colgate Palmolive Co) CL 9,881,500 $698,128 2. (Novo Nordisk AS) NVO 12,775,700 $692,315 3. (Pepsico Inc) PEP 3,729,062 $382,154 4. VRSN Read more at www.insidermonkey.com/hedge-fund/renaissance+technologies/ 5/#klEdKbxyXgXqsy2r.99