March Hedge Fund Redemption Fall Year-On-Year

Mar 24 2014 | 1:25pm ET

Hedge funds are set to see smaller redemptions this month than in March 2013, according to SS&C Technologies.

The SS&C GlobeOp Forward Redemption Indicator shows that withdrawals for the end of the first quarter will be lower than last year. “As we approach the end of the first quarter of 2014, forward redemption requests remain slightly lower than this time last year,” SS&C CEO Bill Stone said.

The indicator ticked up to 3.81% this month from 3.38% last month. The benchmark represents the total forward redemption notices received by hedge funds administered on SS&C’s GlobeOp platform.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of