“…the firm’s most troubled fund, the Renaissance Institutional Equities Fund, is staging a major comeback. RIEF, with assets of $6.1 billion, is up 31 percent this year, notching returns of nearly 5 percent last month, sources said.” [NYP]
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
The last time I saw an increase of 31% was when I saw how much Raymond James analysts made.
– UBS MD