Hedge Fund Redemptions Drop In July

Jul 22 2014 | 1:13pm ET

Investor redemptions from hedge funds fell sharply this month, after a quarterly-rebalancing-induced spike last month.

The SS&C GlobeOp Forward Redemption Indicator dropped from 4.8% in June to 3.15% in July SS&C Technologies said. The index measures forward redemption notices received by hedge funds administered on the firm’s GlobeOp platform.

“July’s forward redemptions decreased by over 1%, but remain in line with historical averages,” SS&C CEO Bill Stone said.


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