Monday, 4 May 2015
Last updated 6 min 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.
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…