Tuesday, 6 October 2015
Last updated 19 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…