Wednesday, 1 April 2015
Last updated 9 hours ago
Feb 21 2012 | 8:05am ET
Hedge fund forward redemptions were up in February 2012—to 3.14% from 1.85%, according to GlobeOp Financial Services.
“Seasonally adjusted, February continues the recent trend of very low redemption levels,” said Hans Hufschmid, GlobeOp chief executive officer. Forward redemptions as a percentage of GlobeOp assets under administration have trended significantly lower since reaching a high of 19.27% in November 2008.
The GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by their assets under management at the beginning of the month.
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…