DB selected by MOSERS for securities lending 24 January 2011Missouri Reporter: Ben Wilkie
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MOSERS has been a long-term participant in securities lending and both parties have said they want the new agreement to be the basis for a long relationship.
“We are delighted to partner with MOSERS and look forward to a long-term, mutually beneficial relationship,” said Tim Smollen, head of Deutsche Bank Agency Lending. “Our leading-edge approach addresses the evolving needs of investors who are demanding greater sophistication from their providers.”
“Deutsche Bank offers financial strength, global expertise and multiple routes to market,” said Tyson Rehfeld, MOSERS’ investment officer of public debt. “Overall, they offered the best approach, conveying skill and sensitivity around protecting principal.”
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