BusinessDay
Nigeria's leading finance and market intelligence news report.

Renaissance tripped up by coronavirus – induced market turmoil

Renaissance Technologies, one of the world’s biggest hedge funds, has been tripped up by the market turmoil unleashed by the coronavirus outbreak, underscoring how even the industry’s brightest names are struggling to navigate the financial chaos. It has been a rocky year for the $75bn computer-powered “quantitative” hedge fund. Renaissance’s stocks-focused fund had one of…



Join the BusinessDay Inner Circle to read exclusives and gain insights for N1000/month

Whatsapp mobile

Get real time updates directly on you device, subscribe now.

Comments are closed.