The SS&C GlobeOp Forward Redemption Indicator, which measures redemption notices received from investors in hedge funds administered by SS&C GlobeOp, measured 2.03% for January, down from 3.64% in December.
"SS&C GlobeOp's Forward Redemption Indicator for January 2024 was 2.03%, which was consistent with the five-year average for the period," said Bill Stone, Chairman and CEO at SS&C Technologies.
"Central bank interest rate policies and a path to lower inflation while avoiding a recession are front of mind for investors. With U.S. equity markets approaching all-time highs, this low level of redemptions suggests investors are confident hedge fund managers can continue to generate favourable risk-adjusted returns."
Blackstone multi-strategy fund reaches $276.9m in assets following new unit sales
Blackstone Multi-Strategy Hedge Fund has raised approximately $106.5m through the sale of unregistered limited partnership units, bringing…
More
CalPERS considers hedge fund return 12 years after high-profile exit
The California Public Employees’ Retirement System (CalPERS) is exploring a potential return to hedge fund investing through separately…
More
Hedge fund hiring slows as multistrategy firms expand external allocations
Hiring growth at major multistrategy hedge funds has slowed as firms increasingly allocate capital to external portfolio managers through…
More
