Saturday, 30 July 2016
Last updated 6 hours ago
Apr 23 2014 | 10:14am ET
Hedge fund redemptions ticked down this month, as expected, according to SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator, which measures forward redemption notices received by GlobeOp-administered hedge funds, fell to 3.23% this month. Last month, it stood at 3.81%.
“April redemption activity decreased slightly from March, but remains in line with historical averages,” SS&C CEO Bill Stone said.