Reuters – Investors increased requests to pull money out of hedge funds in June as they adjust positions before the end of the quarter, according to data released on Thursday [June 19].
The SS&C GlobeOp Forward Redemption Indicator, a monthly snapshot of global hedge fund clients giving notice to withdraw their cash expressed as a percentage of assets under administration, rose to 4.8 percent in June from 4.32 percent in May. It is the highest level since December, when the figure reached 5.9 percent.
