GLOBAL - The volume of securities lending activity fell in 2009, but the fees raked in for the securities being lent increased over the past year as borrowers focused on hard-to-borrow securities, Data Explorers Consulting found.
In the firm's securities lending Yearbook released today, officials found the decrease in volume was due to a drop in general collateral lending, said director Ed Oliver. "General collateral len...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
