Hedge Fund Redemptions Fall In April

Apr 19 2013 | 12:17pm ET

Investors moved to pull less from hedge funds this month than last, according to a new report.

The SS&C GlobeOp Forward Redemption Indicator fell to 2.95% in April, from 4.33% in March, "consistent with historical averages," SS&C Technologies CEO Bill Stone said. The figure represents the sum of forward redemption notices received by hedge funds administered by SS&C's GlobeOp platform.

SS&C said it expects redemption volatility to fall in the coming months, as investors watch their hedge funds' performance.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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