The SS&C GlobeOp Forward Redemption Indicator for August 2022 measured 2.35%, up from 1.82% in July.
The SS&C GlobeOp Forward Redemption Indicator for August 2022 measured 2.35%, up from 1.82% in July.
"SS&C GlobeOps' Forward Redemption Indicator for August 2022 was 2.35%, slightly above the record low for the month, which was 2.24% reported a year ago," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
"Since the outbreak of COVID-19, hedge funds have seen redemptions decrease markedly from historical levels. Moreover, the most recent data points show while redemption levels may no longer be falling rapidly, they continue to run at or near record lows. Under these conditions, hedge fund asset retention should remain strong."
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