twinkie's blog
RenTec Will Trade Transparency for More Institutional Money
Submitted by twinkie on 09/08/2009 18:51 -0500P&I's article “Renaissance to open up a bit”, discusses the firm’s quest for institutional money and reads very much like a marketing piece. Yes, RIEF performance this year is just awful and assets have “plummeted 81% to $5 billion as of June 30, down from a peak of $27 billion” but, after "massaging" these numbers, P&I was able to find something positive.

