Reuters – Investors are largely sticking with hedge funds to guide them through the summer’s highly volatile markets, data showed on Thursday, despite lacklustre performances so far this year from these freewheeling portfolios.
The GlobeOp Forward Redemption Indicator — a monthly snapshot of clients giving advance notice they want their money back as a percentage of GlobeOp’s assets under administration — was 2.71 percent, the third lowest figure seen this year.
