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SS&C GlobeOp Forward Redemption Indicator: February notifications 3.38%

The SS&C GlobeOp Forward Redemption Indicator for February 2014 measured 3.38%, up from 2.67% in January.

“Redemption requests increased slightly for the month, but remain consistent with the February historical averages, ” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

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 GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the GlobeOp platform. Forward redemptions as a percentage of SS&C GlobeOp’s assets under administration on the GlobeOp platform have trended significantly lower since reaching a high of 19.27% in November 2008. The next publication date is March 21, 2014.

Published on the 15th business day of the month, the SS&C GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the GlobeOp administration platform. Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received. Unlike subscriptions, redemption notifications are typically received 30-90 days in advance of the redemption date. Investors may, and sometimes do, cancel redemption notices. In addition, the establishment and enforcement of redemption notices may vary from fund to fund.

SS&C GlobeOp Hedge Fund Performance Index

Base                                                                      100 points on 31 December 2005

Flash estimate (current month)                 1.39%*

Year-to-date (YTD)                                          1.39%*

Last 12 month (LTM)                                       10.96%*

Life to date (LTD)                                             99.28%*

*All numbers reported above are gross

SS&C GlobeOp Capital Movement Index

Base                                                                      100 points on 31 December 2005

All time high                                                       150.77 in September 2013

All time low                                                        99.67 in January 2006

12-month high                                                  150.77 in September 2013

12-month low                                                    147.20 in January 2014

Largest monthly change                                – 15.21 in January 2009


SS&C GlobeOp Forward Redemption Indicator

All time high                                                       19.27% in November 2008

All time low                                                        1.85% in January 2012

12-month high                                                  5.90% in December 2013

12-month low                                                    2.67% in January 2014

Largest monthly change                                9.60% in November 2008

About the SS&C GlobeOp Hedge Fund Index®

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.

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