SS&C GlobeOp’s Forward Redemption Indicator was 4.81% for November 2019
SS&C GlobeOp’s Forward Redemption Indicator was 4.81% for November 2019.
The SS&C GlobeOp Hedge Fund Performance Index for November arrived today. Here is a recap from the group’s press release from November 21, 2019.
SS&C GlobeOp Forward Redemption Indicator
“SS&C GlobeOp’s Forward Redemption Indicator was 4.81% for November 2019, an increase compared to the 3.96% reported for the same period a year ago,” said Bill Stone, Chairman, and Chief Executive Officer, SS&C Technologies. “It should be noted that November typically experiences above-average redemption notices, and this month’s result is in line with long-term averages.”
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 December 20, 2019.
SS&C GlobeOp Hedge Fund Performance Index
| Base | 100 points on 31 December 2005 |
| Flash estimate (current month) | 1.15%* |
| Year-to-date (YTD) | 8.11%* |
| Last 12 month (LTM) | 5.04%* |
| Life to date (LTD) | 165.03%* |
| *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 | 134.16 in December 2018 |
| 12-month low | 131.25 in October 2019 |
| 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 | 4.86% in December 2018 |
| 12-month low | 2.51% in April 2019 |
| Largest monthly change | 9.60% in November 2008 |
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