Saturday, 4 July 2015
Last updated 1 day ago
Jun 21 2013 | 11:48am ET
Hedge fund redemptions edged up this month, according to data from SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator rose to 3.88% in June from 3.77% in May. June is the second-straight month that has seen an increase in the indicator, which measures forward redemption notices received by hedge fund administered by SS&C's GlobeOp platform.
"The indicator increased slightly for the month of June and is comprised primarily of typical semi-annual redemption activity," SS&C CEO Bill Stone said.
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…