The SS&C GlobeOp Forward Redemption Indicator for December 2022 measured 4.35%, up from 3.39% in November.
"SS&C GlobeOp's Forward Redemption Indicator for December 2022 was 4.35% and consistent with longer term averages as investors adjusted allocations with calendar year-end rebalancing," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
"With historic drawdowns across most asset classes, hedge funds provided one of the few bright spots for investors in 2022, an indicator that hedge fund asset retention should remain strong heading into 2023."
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.
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
