As initial anxiety over Donald Trump’s victory gave way to market euphoria in the days following the election, there was a casualty. Gold prices.
Tuesday, 24 January 2017
Last updated 5 hours 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.