Finadium surveys asset managers 12 July 2012Massachusetts Reporter: Mark Dugdale
Image: Shutterstock
Securities and investment research firm Finadium has released a report that identifies current concerns and future trends across custody, securities lending and collateral management.
The report is based on a survey of asset managers in North America and Europe. Finadium interviewed asset management executives who are focused on the custody, securities lending and collateral management markets.
The survey results are quantitative, including data on fee splits and collateral management fees, and qualitative, focusing on how managers evaluate the success of their asset servicing and securities finance activities.
In the report, Finadium looks at custody and centers of excellence, and the balance that custodians have built between technology and human resources.
Finadium goes on to look at securities lending, evaluating the importance of indemnification to asset managers and the effect that it may have on revenues and programme participation. It also looks at the value of CCPs in securities lending, the importance of cash versus non-cash collateral and perspectives on using a custodian versus a third-party agent lender.
Finally, Finadium examines changes in the collateral management space, including the importance of collateralising previously uncollateralised OTC derivative contracts such as FX forwards, the effects of money market fund reform and diminished supply in repo markets.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times