SS&C GlobeOp Forward Redemption Indicator: March Notifications 3.49%

(Opalesque) The SS&C GlobeOp Forward Redemption Indicator for March 2019 measured 3.49%, up from 3.42% in February.”SS&C GlobeOp’s Forward Redemption Indicator for March 2019 was 3.49%, an uptick from the record low March redemptions of 2.91% reported for the same Period a year ago,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.”Still, the 3.49% for March 2019 is favorable compared to historical averages and is in line with other data points showing hedge fund asset retention remaining stable in the wake of several months of market volatility.”

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