Hedge Fund Exit Requests Rise in November

(Reuters) Investors flagged their intention to shift more money out of hedge funds in November as they adjusted positions before the year-end, data showed on Friday.The SS&C GlobeOp Forward Redemption Indicator – withdrawal requests expressed as a percentage of assets under administration – rose to 4.9 percent from October’s 3 percent, data from fund administrator SS&C Technologies showed.

But requests fell slightly from a year earlier, when the figure came in at 5.1 percent.

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