Numbers and magnifying glass

SS&C GlobeOp Forward Redemption Indicator measures 2.71 per cent for July

The SS&C GlobeOp Forward Redemption Indicator for July 2013 measured 2.71 per cent, down from 3.88 per cent in June.

 
“The July Indicator decreased from June by approximately 1 per cent, but remains consistent with historical averages for the month,” says Bill Stone, chairman and chief executive officer, SS&C Technologies.
 
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the GlobeOp platform. Forward redemptions as a percentage of SS&C GlobeOp's assets under administration on the GlobeOp platform have trended significantly lower since reaching a high of 19.27 per cent in November 2008. The next publication date is 21 August 2013.

Further reading



Upcoming events

4 days 12 hours from now - Kuala Lumpur
4 days 12 hours from now - California
5 days 12 hours from now - Las Vagas

Upcoming training

Mon, 10/11/2014 (All day) - London
Mon, 10/11/2014 (All day) - London
Thu, 13/11/2014 (All day) - London