Opalesque Industry Update – The SS&C GlobeOp Forward Redemption Indicator for January 2013 measured 2.04%, down from 6.19% in December.|
"Investor redemption notifications for January are the lowest since April 2012," said 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% in November 2008. The next publication date is February 22, 2013.
SS&C GlobeOp Forward Redemption Indicator