The SS&C GlobeOp Forward Redemption Indicator for May 2022 measured 1.97%, up from 1.48% in April.

"SS&C GlobeOp's Forward Redemption Indicator for May 2022 was 1.97%, representing a decrease in termination notices compared to the 2.46% reported for the same period a year ago," says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "This reduction in terminations continues the recent favorable trend in hedge fund asset retention and is especially noteworthy as it comes in the wake of significant declines in equity and fixed income markets."