Few Redemptions In January

Jan 23 2014 | 3:27pm ET

January once again proved a month in which hedge fund investors cool their heels.

After suffering its biggest net outflow in four years last month, the hedge fund industry saw light redemptions in January, according to the SS&C GlobeOp Forward Redemption Indicator. In fact, redemption notices haven't been so sparse since last January, SS&C Technologies CEO Bill Stone said.

The indicator stood at 2.67% this month, less than half the 5.9% mark it set in December.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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