Foward Redemptions Hit 5.90% In December

Dec 20 2013 | 12:40pm ET

The SS&C GlobeOp Forward Redemption Indicator for December 2013 measured 5.90%, up from 5.09% in November.

"In line with year-end averages, forward redemption requests increased for the month of December, with a majority of redemptions falling in the under-1-month category," said Bill Stone, chairman and CEO, 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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of