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Jim Simons, a Pioneer of Quantitative Trading, Dies at Age 86

  • James "Jim" Simons, a mathematician and investor, known for Renaissance Technologies, has passed away at 86.
  • Simons' hedge fund, Renaissance Technologies, pioneered math-based trading.
  • The Simons Foundation, co-founded with wife Marilyn, confirmed his death.
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James Simons, mathematician, philanthropist and hedge fund founder, has died

James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation’s biggest philanthropists, has died at age 86.

·United States
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Simons Foundation broke the news on Friday, May 10, 2024.
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