Thursday, 28 May 2015
Last updated 4 hours ago
Sep 23 2013 | 11:44am ET
Hedge fund redemptions ticked up this month, according to SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator rose from 4% in August to 4.21% this month. The metric measures the sum of forward redemption notices received by hedge funds administered by SS&C's GlobeOp platform.
"Forward redemptions increased slightly in September, with the bulk of activity reflecting quarter-end requests," 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…