The SS&C GlobeOp Forward Redemption Indicator for November 2020 measured 3.63 per cent, up from 2.84 per cent in October."SS&C GlobeOp's Forward Redemption Indicator of 3.63 per cent for November 2020 represents a decrease in redemption notices from the 4.81 per cent reported for November of 2019," says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "This strong result also marks the fifth consecutive month of lower year-over-year comparisons for redemptions, as well as the lowest for any month of November since 2011.
"The favourable trend in hedge fund asset retention that emerged following the Covid-19 outbreak appears to be firmly intact, heading toward year-end."
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
