Tuesday, 1 December 2015
Last updated 19 hours ago
May 22 2012 | 8:07am ET
The GlobeOp Forward Redemption Indicator for May 2012 measured 3.31%, up from 2.00% in April.
The 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. Forward redemptions as a percentage of GlobeOp assets under administration have trended significantly lower since reaching a high of 19.27% in November 2008.
GlobeOp counts about 10% of single-manager hedge funds with a combined $187 billion in assets as its clients.
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…