Wednesday, 23 July 2014
Last updated 21 min 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.
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…