GlobeOp: Hedge Fund Redemptions Fall In July

Jul 20 2012 | 9:17am ET

The GlobeOp Financial Forward Redemption Indicator for July shows notifications of 2.18%, down from 3.71% in June.

"Forward redemptions remain low, this month's percentage being one of the lowest in the history of the Indicator,” said Bill Stone, chairman and CEO of SS&C Technologies, which recently purchased GlobeOp Financial Services.

The Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by their assets under administration.

GlobeOp’s data represents approximately 10% of the hedge fund industry.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

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

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...