Tuesday, June 21, 2011


...are asking for more of their money back from hedge funds in June than
in any other month in 2011, data showed on Monday, as fund returns hit
by May's commodity rout shake client confidence, reports Reuters. 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 - rose to 4.01% from 3.92% in May. This represents the biggest month of withdrawal requests since December

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