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Renaissance Posts Middling Gains This Year

Its institutional equities fund is trailing the markets, and its two other funds are treading water.

Jim Simon’s Renaissance Technologies is having a mixed year.The biggest of its funds available to outside investors — the Renaissance Institutional Equities Fund, launched in 2005 — is up 2 percent in April and 6.85 percent for the year, according to an individual familiar with the numbers.That means RIEF is

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