GlobeOp sees rise in hedge fund redemptions
21 February 2012 London
Image: Shutterstock
GlobeOp's forward redemption indicator for February measured 3.1 per cent, up from 1.9 per cent in January.
鈥淪easonally adjusted, February continues the recent trend of very low redemption levels,鈥� said Hans Hufschmid, CEO, GlobeOp Financial Services.
Forward redemptions as a percentage of GlobeOp assets under administration have trended significantly lower since reaching a high of 19.3 per cent in November 2008.
鈥淪easonally adjusted, February continues the recent trend of very low redemption levels,鈥� said Hans Hufschmid, CEO, GlobeOp Financial Services.
Forward redemptions as a percentage of GlobeOp assets under administration have trended significantly lower since reaching a high of 19.3 per cent in November 2008.
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