Flash estimate shows hedge fund rise for SS&C
SS&C’s GlobeOp forward redemption indicator has measured at 3.25 percent for September 2014, down from 4.19 percent in August.
The flash estimate of the hedge fund performance index is registering a 1.10% increase, with year-to-date up by 5.06 percent.
Bill Stone, chairman and CEO of SS&C Technologies, said: “Forward redemptions were moderate for the month of September, with the bulk of activity representing quarter-end requests.”
