Live Breaking News & Updates on James Simons Steps Down

Hedge Fund and Insider Trading News: James Simons, Carrhae Capital, Silver Lake Partners, Balyasny Asset Management, CF Bankshares Inc (CFBK), Landec Corporation (LNDC), and More
Investing pioneer James Simons is stepping back from his quant hedge fund,
Renaissance Technologies LLC. Several weeks ago, Mr. Simons – a former math professor and codebreaker who built Renaissance into one of the most successful investment firms in history – told clients he was stepping down as chairman of the firm’s board of directors as of Jan. 1. Mr. Simons, who will turn 83 in April, resigned as Renaissance’s chief executive in 2010, but continued to lead the board. ....

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