(Opalesque) The SS&C GlobeOp Forward Redemption Indicator for July 2017 measured 2.57%, down from 3.59% in June. “SS&C GlobeOp’s Forward Redemption Indicator of 2.57% for July 2017 represents a year-over-year improvement from the 2.95% reported in July 2016,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This marks the sixth consecutive month of lower year-over-year redemption notices, pointing to continued gains in asset retention for hedge funds heading into the second half of the year.”
S&C GlobeOp Forward Redemption Indicator: July Notifications 2.57%
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