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Wall Street traders aren't what they used to be -- they're not even on Wall Street anymore. The days of swashbuckling backslappers on the floor of the New York Stock Exchange have given way to an era of trading dominated by analytical technical whizzes...
Tags: James Simons, frequency trades, Syracuse, Renaissance Technologies, Floor trading, New York Stock Exchange, Business Finance, James Harris Simons, Stock market, Algorithmic trading, Financial markets, Floor trader
Simons, one of the most respected money managers in the hedge fund industry, told investors Thursday he planned to step down from day-to-day management of Renaissance Technologies, the firm he founded over 30 years ago. Mr. Simons, 71, plans to become...
Tags: Renaissance Technologies, James Simons, Founder Simons, Mr. Simons
Investors in a hedge fund run by James Simons are asking questions about why a fund held by Mr. Simons and fund associates is racking up big gains while another held mostly by outside investors is losing money. In a conference call Wednesday, investors...
Tags: Mr. Simons, James Simons
The industry's 25 best-paid managers collected a total of $11.6 billion, which marked the third-best year on record, according to an annual survey released by Institutional Investor's Alpha magazine on Wednesday. The total number, however, marks a sharp...
Tags: hedging fund, fund managers, George Soros, James Simons, John Arnold, annual ranking, John Paulson, Renaissance Technologies Corp., financial markets
But five of them, billionaires all, are about to come under the glare on Capitol Hill. The money managers — Philip Falcone, Kenneth Griffin, John Paulson, James Simons and George Soros — have been called by a House panel to discuss some of their trade...
Tags: fund managers, House of Representatives Committee, House Committee on Oversight, Philip Falcone, financial crisis, John Paulson, George Soros, James Simons, Kenneth Griffin, U.S
Millions of people are facing foreclosure on their homes, banks are going belly up, tens of thousands are being put out of work, America is on the brink of recession — it's another fantastic year to make money as a hedge fund manager. The top managers...
Tags: hedge fund, fund managers, John Paulson, Paulson & Co., George Soros, Institutional Investor's Alpha Magazine, James Simons