August 2016’s Forward Redemption Indicator from SS&C GlobeOp shows hedge fund redemptions up to 3.86 per cent, from 2.95 per cent in July.
“SS&C GlobeOp’s Forward Redemption Indicator for August of 2016 rose slightly on a year-over-year basis to 3.86%, up from 3.46% reported a year ago for August 2015,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Given seasonal patterns, this result is in the normal range of historical variation.”
SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10 per cent of the hedge fund industry.
