The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 13 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.