(Reuters) Investors flagged their intention to shift less money out of hedge funds in October after market volatility eased, data released on Tuesday showed.The SS&C GlobeOp Forward Redemption Indicator, withdrawal requests expressed as a percentage of assets under administration, fell to 3 percent from September’s 3.8 percent, data from fund administrator SS&C Technologies showed. The reversal suggested the bulk of investors’ portfolio rebalancing in the face of elevated market volatility had been accomplished, said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
Hedge Fund Exit Requests Drop in October
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