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These Renaissance Funds Are Struggling in 2014

Two of the firm’s three funds that are open to outside investors are losing money this year and are fallling short of their stated mandates.

Renaissance Technologies is suffering through perhaps its toughest stretch of performance in recent memory. Two of the East Setauket, New York–based firm’s three funds that are open to outside investors are not only losing money but coming up far short of their self-imposed mandates. For example, the Renaissance Institutional Equities Fund,

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