Hedge Fund Redemptions Down Slightly In October

Oct 19 2012 | 7:18am ET

Hedge fund redemptions for October are down slightly from September, according to the the SS&C GlobeOp Forward Redemption Indicator. Forward redemptions measured 3.19%, down from 3.76% in September.

"As we enter the last quarter, October forward redemptions follow the seasonal trend of being lower than September," said Bill Stone, chairman and chief executive officer, SS&C Technologies.

Forward redemptions have trended significantly lower since reaching a high of 19.27% in November 2008.

The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the GlobeOp platform, divided by the 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...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...