Hedge fund redemptions remained relatively stable in September, according to SS&C Technologies’ latest GlobeOp Forward Redemption Indicator, rising slightly to 2.21%, from from 2.03% in August, but still below the 2.72% reported for the same period last year.

Bill Stone, chairman and CEO of SS&C Technologies, noted that the increase reflects typical monthly and seasonal patterns amid ongoing market volatility following the recent Federal Reserve rate cut. “Continued favourable hedge fund asset retention trends indicate confidence in their ability to provide investors with downside protection and attractive risk-adjusted returns,” he said.

The Forward Redemption Indicator measures the sum of forward redemption notices received from investors in hedge funds administered on the SS&C GlobeOp platform, expressed as a percentage of assets under administration at the start of the month. The indicator offers a timely view of potential investor outflows, with notices generally submitted 30–90 days ahead of actual redemptions.

Redemption levels have trended significantly lower since the post-financial-crisis peak of 19.27% in November 2008, reflecting improved investor confidence and fund retention. The next update is scheduled for 21 October 2025.