Hedge fund redemptions rising for year end although in line with previous years

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Close of 2011 will bring more hedge fund redemptions

Hedge fund redemptions are expected to increase as year-end approaches, but remain in line with normal investor activity, reports fund administrator GlobeOp Financial Services.

Redemptions are increasing, according to November's Forward Redemption Indicator from GlobeOp. The month's reading so far is 3.44%, up from 2.51% in October.

Despite the generally negative performance of most hedge fund strategies in August and September and the overall impact of turbulent and volatile markets this year

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