The SS&C GlobeOp Forward Redemption Indicator, which measures redemption notices received from investors in hedge funds administered by SS&C GlobeOp, measured 2.03% for January, down from 3.64% in December.
"SS&C GlobeOp's Forward Redemption Indicator for January 2024 was 2.03%, which was consistent with the five-year average for the period," said Bill Stone, Chairman and CEO at SS&C Technologies.
"Central bank interest rate policies and a path to lower inflation while avoiding a recession are front of mind for investors. With U.S. equity markets approaching all-time highs, this low level of redemptions suggests investors are confident hedge fund managers can continue to generate favourable risk-adjusted returns."
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