Investors submitted redemption notices equivalent to 1.64% of assets managed by hedge funds on SS&C GlobeOp’s administration platform in August, up from 1.35% in July but still well below the long-term average.
The latest reading from SS&C Technologies’ Forward Redemption Indicator was 73 basis points below its five-year average of 2.37%, suggesting investors remain relatively committed to their hedge fund allocations despite ongoing market uncertainty.
The indicator tracks forward redem...
Continue Reading
Sign up for FREE to read the full article and access 154K+ alternative investment headlines.
Alternative Investment News