Hedge Fund Redemptions Rise In November

Nov 21 2013 | 10:47am ET

Investors moved to pull more money from hedge funds this month than last, according to hedge fund administrator SS&C Technologies.

The SS&C GlobeOp Forward Redemption Indicator, which measures forward redemption notices received by hedge funds on SS&C's GlobeOp platform, jumped to 5.09% this month. In October, the number was 3.36%.

"In line with historical averages, redemption requests increased for the month of November, reflecting year-end investor rebalancing," SS&C CEO Bill Stone said.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...