Reuters – Investors are broadly keeping faith with their allocations to hedge funds, data showed on Wednesday, as global markets brace for more turbulence in a final quarter seen likely to punish those unable to offset risk or exploit opportunity.
The GlobeOp Forward Redemption Indicator – a monthly snapshot of clients giving notice they want their money back as a percentage of GlobeOp’s assets under adminstration – rose 40 basis points to 3.11 percent in September but the rate of growth in demand to pull out cash is slowing, the index showed.
