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

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note