State Street sets up specialist ESG securities lending strategy
The agency lending team has partnered with its buy-side arm to provide securities lending clients with the strategy.
The agency lending team has partnered with its buy-side arm to provide securities lending clients with the strategy.
The Global Securities Lending Solutions (GSLS) Group within MUFG continues to grow as market revenues swing in Q1.
Emerging markets are attracting increased securities lending activity from international investors as beneficial owners seek new revenue streams, and positive developments in China and Saudi Arabia are fuelling this further, according to Adnan Hussain, global head of securities lending at HSBC.
The partnership with FinTech firm Sharegain aims to open the securities lending market up to wealth managers through a new digital offering.
With a lendable asset base of more than €250 billion, AXA IM is the second European beneficial owner to join the GPFA.
Global custody banks have expanded their services in the region in order to capitalise on the opening up of Saudi Arabia’s securities markets to foreign investors.
The EU watchdog will not renew the short selling reporting changes which are due to expire on 19 March, following an extension in December last year.
Standard Bank will partner with BNY Mellon, building on their 23-year strategic relationship, to deliver on the GEPF mandate.
Pressures from COVID-19, regulations and changing geopolitical market trends, as well as low volumes, have forced Eurex to prioritise other activities.
Custodians and prime brokers have sought to unlock the use of ETFs as collateral in securities lending transactions.