SS&C GlobeOp Forward Redemption Indicator

Windsor - 21 June 2016

The SS&C GlobeOp Forward Redemption Indicator for June 2016 measured 4.88%, up from 4.38% in May.

“SS&C GlobeOp’s Forward Redemption Indicator for June 2016 came in at 4.88%, up slightly compared to the 4.72% reported a year ago for June of 2015,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This relatively flat comparison is in line with other data we have seen in the first half of this year which is indicating stability in overall hedge fund allocations.”

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 July 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)

1.26%*

Year-to-date (YTD)

-0.44%*

Last 12 month (LTM)

-2.73%*

Life to date (LTD)

118.00%*

 

 

*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

146.21 in December 2015

12-month low

142.93 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

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