The SS&C GlobeOp Forward Redemption Indicator for September 2022 measured 2.67%, up from 2.35% in August.

"SS&C GlobeOp's Forward Redemption Indicator for September 2022 of 2.67% reflects a favourable level of redemption notices compared to historical norms for September, though slightly higher than the 2.45% reported for the same period a year ago," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "In recent months, redemption notices have continued to run near all-time low levels as investors largely maintain their allocations to hedge funds in the face of strong financial market headwinds."

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 SS&C GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the SS&C GlobeOp platform. The next publication date is 21 October, 2022.