Friday, 29 May 2015
Last updated 1 hour ago
May 21 2013 | 9:53am ET
The SS&C GlobeOp Forward Redemption Indicator for May measured 3.77%, up from 2.95% in April.
“Redemption requests are in line with the May historical averages,” said Bill Stone, chairman and chief executive officer, 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.
The indicator is published on the 15th business day 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…