Sunday, 29 March 2015
Last updated 1 day ago
Jul 21 2011 | 7:27am ET
Hedge fund redemptions were at an all-time low of 2.08% for July 2011, down from 4.01% in June, according to the GlobeOp Forward Redemption Indicator.
GlobeOp CEO Hans Hufschmid says July’s numbers are the lowest since the series began in January 2008
The indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by the assets under administration at the beginning of the month for its fund administration clients. Forward redemptions as a percentage of assets under administration have trended significantly lower since reaching a high of 19.27% in November 2008.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…