iShares to increase securities lending reporting 01 February 2011London Reporter: Ben Wilkie
Image: Shutterstock
ETF manager iShares is to provide quarterly reporting on securities lending activities in a plan that it says will increase the transparency in the market.
The reporting will give the risk boundaries for securities lending, and show how revenue from securities lending is separated. The first report shows that 60 per cent of revenues are paid to the ETF, with the remaining 40 per cent goes to BlackRock, the parent company of iShares.
“Securities lending and short-selling are vital components of well functioning capital markets,” said Stefan Kaiser, director at iShares.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 