Monday, 30 November 2015
Last updated 2 days 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…