Tuesday, 24 November 2015
Last updated 3 hours ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…