Hedge Fund Redemption Requests Fall in September, Finds SS&C

For September 2014, the SS&C GlobeOp Forward Redemption Indicator measured 3.25%, down from 4.19% in August.
By Jake Safane(2147484770)
For September 2014, the SS&C GlobeOp Forward Redemption Indicator measured 3.25%, down from 4.19% in August.

“Forward redemptions were moderate for the month of September, with the bulk of activity representing quarter-end requests,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

Most of the requests, accounting for 2.1% of AuA on SS&C GlobeOp’s platform, were of less than one month duration, while redemptions dated at greater than three months accounted for 1.05%. Redemption requests made one to two months in advance accounted for 0.08%, two to three months accounted for 0.02%.

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