Forward Redemptions Up 3.77% In May

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.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note