The SS&C GlobeOp Forward Redemption Indicator for September 2021 measured 2.45 per cent, up from 2.24 per cent in August.
"SS&C GlobeOp's Forward Redemption Indicator for September 2021 was a very favorable 2.45 per cent, reflecting lower redemption notices compared to the 3.43 per cent reported a year ago," says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "This improvement marked the fifteenth consecutive month of year-over-year reduction in monthly redemption notices.
"Moreover, the 2.45 per cent level of redemptions is the lowest reading for any month of September since the inception of the Forward Redemption Indicator in 2008."
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
