Hedge Funds
Investors flagged their intention to shift more money out of hedge funds in November as they adjusted positions before the year-end, data showed on Friday. The SS&C GlobeOp Forward Redemption Indicator — withdrawal requests expressed as a percentage of assets under administration — rose to 4.9 percent from October's 3 percent, data from fund administrator SS&C Technologies showed. "The months of November and December typically show the highest readings of the year ... due to year-end rebalancing," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies, adding that this was the...

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