Key Takeaways
- • SS&C GlobeOp's Forward Redemption Indicator measured 1.62% for October 2026, down from 2.02% in September, and below the five-year average of 2.06%.
- • The reading is near the series' 12-month low of 1.26% (April 2026) and far below the all-time high of 19.27% in November 2008.
- • Chairman and CEO Bill Stone attributed allocator demand for hedge funds to risk management amid the U.S. midterm elections, rising inflation, and AI buildout financing.
- • The flash performance estimate for October was -0.31% gross, with year-to-date returns of 8.27% and last-12-month returns of 12.99%, per the index.
- • The next release is scheduled for November 20, 2026.
Summary
SS&C Technologies (Nasdaq: SSNC) reported on October 21, 2026 that the SS&C GlobeOp Forward Redemption Indicator for October 2026 registered 1.62%, down from 2.02% in September, according to a company announcement distributed via Business Wire. The reading sits below the index's five-year average of 2.06%.
The indicator measures forward redemption notices received from investors in hedge funds administered on the SS&C GlobeOp platform, divided by beginning-of-month assets under administration for those clients. Redemption notices are typically received 30 to 90 days before the redemption date, and investors may cancel them, so the figure offers a forward view of the redemption pipeline rather than realized outflows. SS&C notes that the indicator is published on the 15th business day of each month. The series has trended significantly lower since its November 2008 peak of 19.27%. Its record low is 1.26%, recorded in April 2026, and the 12-month high is 2.43% in November 2025.
Bill Stone, Chairman and CEO of SS&C Technologies, said the reading reflects investor behavior despite significant uncertainties ahead, including the upcoming U.S. midterm elections, rising inflation, and the financing of the AI buildout. He said allocators continue to favor hedge funds to manage drawdowns and improve risk-adjusted returns.
The company also reported performance metrics from its SS&C GlobeOp Hedge Fund Performance Index, an asset-weighted benchmark. The October flash estimate was -0.31% gross, with year-to-date returns of 8.27% and last-12-month returns of 12.99%, all gross. The SS&C GlobeOp Capital Movement Index stood at a 12-month high of 133.10 in September 2026. SS&C says its platform represents approximately 10% of estimated assets invested in the hedge fund sector.
The indicator measures forward redemption notices received from investors in hedge funds administered on the SS&C GlobeOp platform, divided by beginning-of-month assets under administration for those clients. Redemption notices are typically received 30 to 90 days before the redemption date, and investors may cancel them, so the figure offers a forward view of the redemption pipeline rather than realized outflows. SS&C notes that the indicator is published on the 15th business day of each month. The series has trended significantly lower since its November 2008 peak of 19.27%. Its record low is 1.26%, recorded in April 2026, and the 12-month high is 2.43% in November 2025.
Bill Stone, Chairman and CEO of SS&C Technologies, said the reading reflects investor behavior despite significant uncertainties ahead, including the upcoming U.S. midterm elections, rising inflation, and the financing of the AI buildout. He said allocators continue to favor hedge funds to manage drawdowns and improve risk-adjusted returns.
The company also reported performance metrics from its SS&C GlobeOp Hedge Fund Performance Index, an asset-weighted benchmark. The October flash estimate was -0.31% gross, with year-to-date returns of 8.27% and last-12-month returns of 12.99%, all gross. The SS&C GlobeOp Capital Movement Index stood at a 12-month high of 133.10 in September 2026. SS&C says its platform represents approximately 10% of estimated assets invested in the hedge fund sector.
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