Redemptions Drop To Historic Low, New Index Shows

Apr 21 2011 | 11:14am ET

Hedge fund redemption requests fell to near an all-time low this month, according to a new report from GlobeOp Financial Services.

The hedge fund administrator's new Forward Redemption Index fell to just 2.45% on April 15, 81 basis points lower than it had been on March 20. The index stood at 19.27% in November 2008 at the height of the financial crisis, and at 2.83% a year ago.

"The indicator is near its all-time low when measured over the past three years, and reflects continued improvement in investor confidence," CEO Hans Hufschmid said.

GlobeOp, which unveiled the new metric earlier this month, will release next month's forward index on May 23.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...