The SS&C GlobeOp Forward Redemption Indicator for February 2018 measured 2.71 per cent, up from 2.20 per cent in January.
"SS&C GlobeOp's Forward Redemption Indicator for February 2018 was 2.71 per cent, reflecting improvement from the 3.25 per cent reported for the same period a year ago for February of 2017. This marks the 13th consecutive month of year-over-year improvement in redemption notices," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "In fact, the 2.71 per cent reported for February 2018 is the lowest rate of redemption notices for any calendar month of February since the inception of the indicator in 2008.
“It is too early to say how the recent market upheaval will affect this favourable trend in asset retention, but investors tend to be attracted to hedge funds in times of increased volatility because of their trading expertise and ability to effect hedged strategies."
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