Wednesday, 25 November 2015
Last updated 13 hours ago
Jan 23 2012 | 9:48am ET
January 2012 hedge fund redemption notifications were lower than they’ve been since GlobeOp began publishing its Forward Redemption Indicator in 2008.
The indicator stood at 1.85% in January, down from 4.58% in December.
“While January notifications are typically lower than December, this year is also substantially lower than the January 2011 requests of 2.79%,” said Hans Hufschmid, chief executive officer, GlobeOp Financial.
GlobeOp suggests the January figure could reflect “typical seasonal reallocation of investments,” as investors take out money in January to “redeploy” it in February and March.
GlobeOp’s data represents approximately 8-10% of the hedge fund industry, with $173 billion in assets under administration.
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…