GlobeOp index shows lowest July redemptions in four years


The latest forward-redemptions snapshot from fund administrator GlobeOp’s hedge fund index indicates a slight increase in redemptions month-on-month – but points to the fewest July redemptions since the financial crisis.

The GlobeOp Forward Redemption Indicator – intended as a guide to outflows planned by investors for the following month – is showing a figure of 4.01% for June, up from 3.92% in May but lower than the 4.39% level of a year ago.

“July is typically a heavy redemption month,” said Hans Hufschmid, CEO of GlobeOp. “This June’s Forward Indicator shows that July redemptions are the lowest they’ve