Saturday, 28 November 2015
Last updated 1 day ago
Sep 21 2011 | 11:06am ET
Despite suffering through the hedge fund industry's worst month in almost three years, investors are not racing for the doors, according to new data from GlobeOp Financial Services.
The hedge fund administrator's Forward Redemption Indicator ticked up to 3.11% this month. But while that's an increase from last month's 2.71%, it is lower than last September and continues a trend that has seen the indicator steadily drop from its high of 19.27% in November 2008.
"September 2011 was the lowest September since the Index began," CEO Hans Hufschmid said. "In fact, monthly redemptions have been lower year-on-year for the past 24 months running. Investor sentiment continues to be positive."
GlobeOp said its indicator represents about 10% of the global hedge fund industry.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…