Sec Lending 2016

Funds might wish to lend securities to cope with low returns, but regulations are not conducive, reports Lynn Strongin Dodds.

New participants are entering the securities lending market in search of extra revenues at a low risk. Funds Europe talks to Dan Copin and Donia Rouigueb about the role that asset servicers can play in helping these new clients find their way.

Since the Lehman Brothers default, regulators have been keen to ensure lenders are fully aware of the counterparty and liquidity risks associated with securities lending. David Stevenson asks if they’ve achieved that aim.

BNP Paribas Securities Services’ Ross Bowman talks about the latest trends in the securities lending market and the growing needs of beneficial owners.

Industry heavyweights, including agent lenders, discuss issues affecting the securities lending sector such as regulation and the types of collateral being used.

Stephen Kiely at BNY Mellon discusses regulation and the changing face of collateral with Funds Europe.

The lack of visibility over ETF trading is holding back their use as collateral, but MiFID II could change that, finds Lynn Strongin Dodds.

Repeated attempts to establish a central counterparty for securities lending have failed to gain traction among the buy-side. Nicholas Pratt finds a few changes may be necessary for progress in 2017.

Sponsored Profiles

SPONSORED FEATURE: Alternative thinking

Mar 16, 2017

Portfolio Manager Davide Cataldo discusses the results of the Pioneer Investments’ survey on liquid alternatives and how investors can be encouraged to increase their allocation.

SPONSORED FEATURE: Interest rate risk hedging: Swapping to other options

Mar 16, 2017

Heightened margin requirements for cleared and uncleared OTC derivatives pose a challenge for legitimate hedging activities and are driving financial institutions to explore alternative hedging...

SPONSORED FEATURE: Why blockchain could be the fund industry’s next Ford Model T

Mar 16, 2017

Blockchain aims to radically change the way investors can access funds, says Olivier Portenseigne, Managing Director and Chief Commercial Officer of Fundsquare.

SPONSORED FEATURE: Open architecture: In need of protection

Mar 16, 2017

Greater efficiency must be embraced to ensure regulatory changes do not destroy choice for fund buyers, says Bernard Tancré of Clearstream.

Executive Interviews

INTERVIEW: Finding managers that can (and do)

Apr 18, 2017

Fabrice Kremer, a fund selector at Banque de Luxembourg Investments, has berated fundamental managers for failing to beat indices, but he remains committed to active funds. He speaks to Nick...

JERSEY INTERVIEW: ‘A steady sort of place’

Mar 21, 2017

The chief executive of Jersey Finance is keen to portray the island as a stable, trustworthy jurisdiction. He talks to George Mitton.

Roundtables

ROUNDTABLE: The issue is perception

Mar 21, 2017

Our panel discuss tax transparency, the elegance of private placement and why Jersey could do more to promote itself. Chaired by Tom Cowsill in Saint Helier.

ASSET SERVICING ROUNDTABLE: Under pressure

Mar 07, 2017

Funds Europe speaks to leading Luxembourg industry figures about the growing regulatory demands on asset servicers and how to remain profitable in spite of major investments in technology.