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: Smarter than beta

Jun 14, 2017

‘Smart beta’ investing is rapidly becoming a popular alternative to both conventional passive management and traditional active management.

SPONSORED FEATURE: Smart beta: Unlocking key drivers of return

Jun 14, 2017

Manuela Sperandeo, iShares Head of Specialist Sales EMEA, tells Funds Europe how investors can leverage smart beta strategies to target numerous outcomes.

SPONSORED FEATURE: Minimum variance indices: Rewriting the rules

Jun 14, 2017

The FTSE Russell indices tracked by lyxor lead to fewer specific risks, fewer valuation and crowding issues and more consistent performance.

SPONSORED FEATURE: The reflationary environment

Jun 06, 2017

Funds Europe talks to Andreas Wosol about the implications of a return to reflation and why the value part of the European equity market could support investors in such an environment.

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 & Panels

TRENDING: Smart beta indices continue onward march

Jun 14, 2017

We asked five investment experts how smart beta indices have performed against cap-weighted indices over the past year and what the investment outlook suggests about the prospect for different investment factors.

SMART MONEY: Following the smart money

Jun 14, 2017

We asked six investment professionals about the emphasis they are placing on smart beta and active ETFs and how platforms are adopting these products.