Thursday, 26 November 2015
Last updated 12 hours ago
Nov 21 2011 | 7:56am ET
The GlobeOp Forward Redemption Indicator for November 2011 measured 3.44%, up from 2.51% in October.
“We expect fund redemption requests to increase as year-end approaches,” said Hans Hufschmid, chief executive officer, GlobeOp Financial Services. “January is typically the largest month as investors rebalance their portfolios. Redemptions this year are similar to 2010 and there are no signs of unusual investor activity.”’
GlobeOp’s data represents approximately 8-10% of the hedge fund industry, that is, funds with total assets under administration of $171 billion.
The GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by assets under administration at the beginning of the month.
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…