Forward Redemptions Up 3.71% In June

Jun 25 2012 | 8:50am ET

The GlobeOp Forward Redemption Indicator for June 2012 measured 3.71%, up from 3.31% in May.

GlobeOp CEO Hans Hufschmid said the indicator was “surprisingly low given that it is dominated by July redemptions, a traditionally large month for fund withdrawals.”

The indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by their assets under administration at the beginning of the month.

 


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of