Thursday, 5 March 2015
Last updated 1 hour ago
Feb 22 2013 | 1:03pm ET
Hedge fund withdrawal requests have nearly doubled since January, according to SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator rose to 3.96% this month. In January, the figure was 2.04%. It was the worst February for redemptions since 2010, when the indicator was at 4.63%.
The Forward Redemption Indicator measures forward redemption notices received by hedge funds administered by SS&C's GlobeOp platform.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…