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

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note