Hedge Fund Withdrawal Requests Stay Low In February

(Reuters) Investor demand to take money out of hedge funds rose slightly month on month in February but remained seasonally low, data on Friday showed, with market volatility continuing to underpin demand.The SS&C GlobeOp Forward Redemption Indicator, a measure of withdrawal requests as a percentage of assets under administration, was 3.27 percent, up from January’s 2.31 percent, data from leading administrator SS&C Technologies showed.

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