(Bloomberg) Jim Simons’s $32 billion Renaissance Technologies and Andreas Halvorsen’s Viking Global Investors posted gains in July as the hedge fund industry extended its rebound from the worst start to a year on record.
Renaissance’s Institutional Equities Fund, a quantitative strategy that has been among the top performers this year, rose 3.1 percent, boosting its year-to-date return to 17 percent, according to a person familiar with the matter. Viking Global, the $30 billion hedge fund that wagers on and against stocks, gained 3 percent in July, paring this year’s losses to 3.1 percent.
