Withdrawal Requests Rise In February

Feb 24 2014 | 11:40am ET

Hedge fund redemption requests rose this month, but remain in line with past numbers for February, according to SS&C Technologies.

The SS&C GlobeOp Forward Redemption Indicator ticked up to 3.38% this month from 2.67% last month. But the increase is nothing to be alarmed about, SS&C CEO Bill Stone said.

"Redemption requests increased slightly for the month, but remain consistent with the February historical averages," he said.

The indicator measures forward redemption notices received by hedge funds administered by SS&C's GlobeOp platform.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...