The SS&C GlobeOp Forward Redemption Indicator for July 2016 measured 2.95 per cent, down from 4.88 per cent in June.
"SS&C GlobeOp's Forward Redemption Indicator rose to 2.95 per cent for July 2016, up from 2.08 per cent reported a year ago for July 2015," says Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies.
"However, it's worth noting with regard to this comparison that the prior year's reported July number of 2.08 per cent equalled the lowest of any month of July since the inception of the index.
“Even with this difficult comparison, on a year-to-date basis redemption notices in 2016 are running virtually identical to redemption notices in 2015."
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
