The SS&C GlobeOp Forward Redemption Indicator for March 2022 measured 1.92 per cent, up from 1.79 per cent in February.
“SS&C GlobeOp’s Forward Redemption Indicator for March 2022 of 1.92 per cent represents a decline in redemption notices compared to the 2.49 per cent reported a year ago.
“At 1.92 per cent, the redemptions were the lowest for any month of March since the inception of the Indicator in 2008,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This favourable level of redemptions demonstrates investor confidence in hedge fund managers’ ability to navigate the current market volatility stemming from several sources, including inflation, Federal Reserve policy changes, and international tensions.”