Thursday, 3 September 2015
Last updated 11 hours ago
Jul 22 2014 | 1:13pm ET
Investor redemptions from hedge funds fell sharply this month, after a quarterly-rebalancing-induced spike last month.
The SS&C GlobeOp Forward Redemption Indicator dropped from 4.8% in June to 3.15% in July SS&C Technologies said. The index measures forward redemption notices received by hedge funds administered on the firm’s GlobeOp platform.
“July’s forward redemptions decreased by over 1%, but remain in line with historical averages,” SS&C CEO Bill Stone said.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…