SS&C GlobeOp Forward Redemption Indicator

Windsor - 25 January 2016

SS&C GlobeOp Forward Redemption Indicator: January notifications 2.31%

The SS&C GlobeOp Forward Redemption Indicator for January 2016 measured 2.31%, down from 4.98% in December.

“SS&C GlobeOp’s Forward Redemption Indicator came in at 2.31% for January 2016, down from 4.98% for December 2015 and also down year-over-year compared to 2.49% for January 2015,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “It’s noteworthy that on a year-over-year basis, the Forward Redemption Indicator has fallen seven of the past eight months, including the most recent four months consecutively. This continuing pattern is consistent with other data we track, indicating investors are confident that hedge funds can deliver attractive returns, particularly in highly volatile markets.”

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 SS&C GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the SS&C GlobeOp platform. Forward redemptions as a percentage of SS&C GlobeOp's assets under administration on the SS&C GlobeOp platform have trended significantly lower since reaching a high of 19.27% in November 2008. The next publication date is February 22, 2016.

Published on the 15th business day of the month, the SS&C GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the SS&C GlobeOp administration platform. Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received. Unlike subscriptions, redemption notifications are typically received 30-90 days in advance of the redemption date. Investors may, and sometimes do, cancel redemption notices. In addition, the establishment and enforcement of redemption notices may vary from fund to fund.

SS&C GlobeOp Hedge Fund Performance Index

Base

100 points on 31 December 2005

Flash estimate (current month)

-0.34%*

Year-to-date (YTD)

4.99%*

Last 12 month (LTM)

4.99%*

Life to date (LTD)

119.01%*

 

*All numbers reported above are gross

 

 

SS&C GlobeOp Capital Movement Index

Base

100 points on 31 December 2005

All time high

150.77 in September 2013

All time low

99.67 in January 2006

12-month high

147.58 in March 2015

12-month low

143.44 in January 2016

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

4.98% in December 2015

12-month low

2.08% in July 2015

Largest monthly change

9.60% in November 2008

 

 

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development