The SS&C GlobeOp Forward Redemption Indicator for August 2013 measured 4.00%, up from 2.71% in July.
“August redemption requests increased from July by over 1%, but remain moderate and in-line with past averages,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
SS&C GlobeOp Hedge Fund Performance Index
Base 100 points on 31 December 2005
Flash estimate (current month) 1.52%*
Year-to-date (YTD) 6.55%*
Last 12 month (LTM) 10.91%*
Life to date (LTD) 86.40%*
*All numbers reported above are gross
SS&C GlobeOp Capital Movement Index
Base 100 points on 31 December 2005
All time high 150.31 in August 2013
All time low 99.67 in January 2006
12-month high 150.31 in August 2013
12-month low 146.90 in January 2013
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 6.19% in December 2012
12-month low 2.04% in January 2013
Largest monthly change 9.60% in November 2008
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 September 23, 2013.
