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Renaissance Hedge Fund Tumbles 5.4% After Correction Warning

(Bloomberg) Renaissance Technologies, the hedge fund that in January warned clients of a “significant risk” of a correction, lost 5.4 percent this month through Feb. 9 as stock markets slumped. Since Jan. 1, the Renaissance Institutional Equities Fund is down 3.4 percent, according to an investor document seen by Bloomberg News.

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