Tuesday, 31 March 2015
Last updated 2 hours ago
Jul 20 2012 | 9:17am ET
The GlobeOp Financial Forward Redemption Indicator for July shows notifications of 2.18%, down from 3.71% in June.
"Forward redemptions remain low, this month's percentage being one of the lowest in the history of the Indicator,” said Bill Stone, chairman and CEO of SS&C Technologies, which recently purchased GlobeOp Financial Services.
The Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by their assets under administration.
GlobeOp’s data represents approximately 10% of the hedge fund industry.
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…