SS&C GlobeOp: Hedge Fund Redemptions Rise In August

Aug 21 2012 | 8:34am ET

The SS&C GlobeOp Forward Redemption Indicator for August 2012 measured 3.34%, up from 2.18% in July.

"Forward redemptions increased in August which is typical as we approach quarter end but redemption notices remained at moderate levels indicating continued investor satisfaction with alternatives," said Bill Stone, chairman and CEO, SS&C Technologies.

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


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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