Key Takeaways
- • SS&C GlobeOp's Forward Redemption Indicator for October 2026 registered 1.62%, down from 2.02% in September and below its five-year average of 2.06%.
- • The reading is the lowest since April 2026, when the indicator hit an all-time low of 1.26%, and well below the 12-month high of 2.43% recorded in November 2025.
- • SS&C Chairman and CEO Bill Stone attributed continued investor commitment to hedge funds to allocators seeking drawdown management and improved risk-adjusted returns amid U.S. midterm elections, inflation and AI-buildout financing uncertainty.
- • The SS&C GlobeOp Hedge Fund Performance Index posted a flash estimate of -0.31% for the latest month, but is up 8.27% year-to-date and 12.99% over 12 months (gross).
- • The next indicator release is scheduled for November 20, 2026.
Summary
SS&C GlobeOp's Forward Redemption Indicator for October 2026 came in at 1.62%, according to a report by Matthias Knab of Opalesque for New Managers, republished by Alternative Market Briefing. The figure marks a clear decline from 2.02% in September and sits comfortably below the indicator's five-year average of 2.06%. It is the lowest reading since April 2026, when the indicator touched an all-time low of 1.26%, and well below the 12-month high of 2.43% recorded in November 2025.
SS&C Chairman and CEO Bill Stone pointed to the macro backdrop as a reason investors are maintaining their hedge fund allocations. Citing the U.S. midterm elections, rising inflation and the financing of the AI buildout, he said "allocators continue to favor hedge funds" as a tool to manage drawdowns and improve risk-adjusted returns.
Performance data from the SS&C GlobeOp Hedge Fund Performance Index show a flash estimate of -0.31% for the latest month. Year-to-date the index is up 8.27%, over the last 12 months 12.99%, and since inception 378.86% (all figures gross, base of 100 on December 31, 2005). The SS&C GlobeOp Capital Movement Index reached a 12-month high of 133.10 in September 2026, up from a 12-month low of 127.76 in January 2026; its all-time high remains 150.77, set in September 2013.
The Forward Redemption Indicator measures forward redemption notices received from investors in hedge funds administered on the SS&C GlobeOp platform, divided by platform assets under administration at the start of the month. Because notices are typically submitted 30 to 90 days before redemption dates, the indicator offers an early view of the redemption pipeline, though notices can be cancelled and terms vary by fund. The indicator peaked at 19.27% in November 2008, which also recorded the largest monthly change on record (9.60%). SS&C GlobeOp's platform assets represent roughly 10% of estimated global hedge fund assets. The indicator is published on the 15th business day of each month.
SS&C Chairman and CEO Bill Stone pointed to the macro backdrop as a reason investors are maintaining their hedge fund allocations. Citing the U.S. midterm elections, rising inflation and the financing of the AI buildout, he said "allocators continue to favor hedge funds" as a tool to manage drawdowns and improve risk-adjusted returns.
Performance data from the SS&C GlobeOp Hedge Fund Performance Index show a flash estimate of -0.31% for the latest month. Year-to-date the index is up 8.27%, over the last 12 months 12.99%, and since inception 378.86% (all figures gross, base of 100 on December 31, 2005). The SS&C GlobeOp Capital Movement Index reached a 12-month high of 133.10 in September 2026, up from a 12-month low of 127.76 in January 2026; its all-time high remains 150.77, set in September 2013.
The Forward Redemption Indicator measures forward redemption notices received from investors in hedge funds administered on the SS&C GlobeOp platform, divided by platform assets under administration at the start of the month. Because notices are typically submitted 30 to 90 days before redemption dates, the indicator offers an early view of the redemption pipeline, though notices can be cancelled and terms vary by fund. The indicator peaked at 19.27% in November 2008, which also recorded the largest monthly change on record (9.60%). SS&C GlobeOp's platform assets represent roughly 10% of estimated global hedge fund assets. The indicator is published on the 15th business day of each month.
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