Foward Redemptions Hit 5.90% In December

Dec 20 2013 | 11:40am 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

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

Paulson Makes Record $400M Donation to Harvard University

Jun 3 2015 | 12:59pm ET

Harvard University's School of Engineering and Applied Sciences will receive a $...

Guest Contributor

When Less is More: The Case for Concentrated Equity Strategies

Jun 1 2015 | 7:59am ET

The conventional wisdom is that wide diversification is the “holy grail,” as...

 

Sponsored Content

Editor's Note