Assets under custody increase for Clearstream 10 December 2012Frankfurt Reporter: Jenna Jones
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Clearstream has released its November 2012 figures, which show an increase in assets under custody, but a decrease in global securities financing services (GSF).
In November 2012 assets under custody held on behalf of customers reached €11.2 trillion, a year-on-year increase of three percent.
For GSF services, the monthly average outstanding reached €549.4 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a drop of 17 percent over November 2011.
The investment funds services saw a 27 percent rise from November 201, with 0.57 million transactions processed.
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