This article looks at some of the prominent funds in the quantitative investment world and examines their prop desk history.
With annualised returns of roughly 40% spanning three decades and a lifetime non-disclosure agreement for employees, it’s safe to say Renaissance Technologies is a bit of an enigma. Despite a bit of a slip in their long-term equity fund this year, the (short term) Medallion fund is still reportedly up 25% YTD. If I knew how they produce those returns I wouldn’t be stuck in a very hot and humid office on outskirts of London, however, we have been able to analyse who does i.e. RentTec employees.