SSC GlobeOp Forward Redemption Indicator notifications at 2.66 per cent for June SSC GlobeOp Forward Redemption Indicator notifications at 2.66 per cent for June Submitted 21|06|2021 - 12:17pm The SSC GlobeOp Forward Redemption Indicator for June 2021 measured 2.68 per cent, up from 2.46 per cent in May. "SSC GlobeOp''s Forward Redemption Indicator for June 2021 of 2.68 per cent reflects a 37 per cent reduction in redemption notices compared to the 4.24 per cent reported a year ago," says Bill Stone, Chairman and Chief Executive Officer, SSC Technologies. "Notably, the reading of 2.68 per centmarks the twelfth consecutive monthly decline in year-over-year redemption levels and is the lowest level of redemptions for any month of June since the Indicator''s inception in 2006. "Fifteen months after the Covid-19 outbreak first impacted markets, the favorable trend in hedge fund asset retention remains firmly intact." Like this article? Sign up to our free newsletter Tags Results performance Funds