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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


Hedge Funds Swarm Into Palm Beach

Oct 27 2016 | 2:32pm ET

As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South...

Guest Contributor

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...