Wednesday, 3 June 2015
Last updated 3 hours ago
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.
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…