Redemptions Rise, As Always, In May

May 21 2014 | 12:09pm ET

Hedge fund investors headed for the exits at the highest rate of the year this month, according to data from SS&C Technologies.

The SS&C GlobeOp Forward Redemption Index, which measures forward redemption notices received by hedge funds administered by SS&C’s GlobeOp platform, rose more than a full percentage point this month to 4.32%. That is the highest level since December.

The spike in redemptions isn’t a surprise: It’s happened every May since at least 2008. SS&C CEO Bill Stone said most of the redemptions were “typical semi-annual requests.”


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note