Hedge Funds

GlobeOp index shows redemptions at record lows for January


January has seen the lowest monthly level of hedge fund forward redemption notifications since 2008, according to fund administrator GlobeOp Financial Services.

GlobeOp’s Forward Redemption Indicator shows a low of 1.85% for January, down from 4.58% in December. The index represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by the assets under administration at the beginning of the month for the administrator’s clients.

GlobeOp has suggested that January’s low may reflect typical seasonal reallocation patterns, with investors having already redeemed in January with the intention of redeploying the capital