Thursday, 28 May 2015
Last updated 3 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…