New York (HedgeCo.Net) – The latest report from SS&C Technologies showed that investor requests for taking cash out of hedge funds increased to 4.72% in June compared to 4.68% in May. The 4.72% rate of exit requests is the highest monthly rate in 2o15.

On a brighter note for the hedge fund industry, the June 2015 rate is an improvement over the 4.8% rate in June 2014. According to Bill Stone, Chairman and CEO of SS&C Technologies, the jump “reflects normal seasonally elevated redemption requests, but viewed year-over-year it is an improvement from last June, when the same indicator was 4.80.”

Stone added, “Though this represents only a small gain, it is the first positive monthly comparison since January and suggests that investor sentiment may be turning more optimistic regarding prospects for hedge fund performance.”

Rick Pendergraft
Research Analyst
HedgeCoVest