NasdaqGS:SSNCProfessional Services
SS&C Technologies (SSNC): Valuation Check After Improved Hedge Fund Redemption Trends Signal Stronger Asset Retention
SS&C Technologies Holdings (SSNC) just reported that its GlobeOp Forward Redemption Indicator slipped to roughly 2% in December, down from the prior month and last year. This hints at steadier hedge fund assets on its platform.
See our latest analysis for SS&C Technologies Holdings.
That backdrop of steadier hedge fund assets comes after a busy period, including SS&C presenting at the Nasdaq Investor Conference in London. It helps explain why the stock’s roughly 16% year to date share price...