Hedge fund exit requests drop in April

April 21, 2015 8:00 PM

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LONDON, April 21 (Reuters) - Investor requests to take out cash from hedge funds dropped in April from the month before, data from fund administrator SS&C Technologies showed on Tuesday.

The SS&C GlobeOp Forward Redemption Indicator, a snapshot of withdrawal requests expressed as a percentage of assets under administration, measured 3.36 percent in April, down from 3.91 percent in March.

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