Friday, 25 July 2014
Last updated 31 min ago
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…