Securities lending is a seldom talked about but important aspect of fund management. Most funds make use of this practice, which involves lending portfolio securities to third parties to generate ...
An Inside Look Who understands securities lending? Registered funds (by which I mean traditional mutual funds and exchange-traded funds) sometimes permit other institutions to borrow shares from their ...
Recent initial public offerings (IPOs) have played a notable role in shaping securities lending activity. The pattern observed over the past 12–18 months suggests that IPO-driven “specials” have ...