OREANDA-NEWS.  The SS&C GlobeOp Forward Redemption Indicator for May 2015 measured 4.68%, up from 3.36% in April.

"SS&C GlobeOp's  Forward Redemption Indicator of 4.68% for May 2015 is up from 3.36% in April, reflecting mainly seasonality, as the increase year over year is only 36 basis points from 4.32% for May 2014," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

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 June 19, 2015.

Published on the 15th business day of the month, the SS&C GlobeOp Forward Redemption Indicator presents a timely and accurate view of the redemption pipeline for investors in hedge funds on the SS&C GlobeOp administration platform. Movements in the Indicator reflect investor confidence in their allocations to hedge funds. Indicator data is based on actual investor redemption notifications received. Unlike subscriptions, redemption notifications are typically received 30-90 days in advance of the redemption date. Investors may, and sometimes do, cancel redemption notices. In addition, the establishment and enforcement of redemption notices may vary from fund to fund.

SS&C GlobeOp Hedge Fund Performance Index

Base                                                                      100 points on 31 December 2005

Flash estimate (current month)                 0.34%*

Year-to-date (YTD)                                            5.13%*

Last 12 month (LTM)                                         9.38%*

Life to date (LTD)                                               119.29%*

*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                                                  150.43 in June 2014

12-month low                                                   146.25 in January 2015

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                                                  5.87% in December 2014

12-month low                                                   2.49% in January 2015

Largest monthly change                                9.60% in November 2008

About the SS&C GlobeOp Hedge Fund Index®

The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.
While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV). SS&C GlobeOp's total assets under administration on the SS&C GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector. The investment strategies of the funds in the indices span a representative industry sample. Data for middle and back office clients who are not fund administration clients is not included in the Index, but is included in the Company's results announcement figures.About SS&C Technologies

SS&C is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world. Some 7,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients in the aggregate manage over \$26 trillion in assets.