PANews August 27 news, according to The Block, the San Francisco-based hedge fund Numerai LLC has announced that it has received an investment commitment of up to $500 million from the asset management division of JPMorgan Chase, which will be put into use next year. Over the past three years, its managed funds have grown from $60 million to $450 million. Numerai stated that its global equity hedge fund achieved a net return of 25% last year. The company continues to express its intention to hire more employees. The company’s native token Numeraire (NMR) surged by 33%.