The SS&C GlobeOp Forward Redemption Indicator for July 2015 measured 2.08 per cent, down from 4.72 per cent in June.
“July SS&C GlobeOp’s Forward Redemption Indicator fell sharply in July to 2.08 per cent from 4.72 per cent in June,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “While this reflects normal seasonality to an extent, the July reading is below last year’s 3.15 per cent for July and, in fact, matches the lowest July figure since the index’ inception in 2008. This is consistent with other recent SS&C GlobeOp data suggesting that investors are keeping their hedge fund allocations largely in place despite turmoil in international markets.”
