Forward redemptions stay at low levels in February – GlobeOp


GlobeOp’s Forward Redemption Indicator measured 3.14% in February, up from 1.85% in January. Despite the month-on-month increase, the fund administrator considers that its data continues to reflect a trend for very low redemption levels.

The indicator 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 firm’s fund administration clients. The data represents around 8-10% of the hedge fund industry, with $173 billion under management.

“Seasonally adjusted, February continues the recent trend of very low redemption levels,” said