Hedge Fund Redemptions Rise In Sept.

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.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...