Assets under custody increase but GSF dips for Clearstream
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Assets under custody increase but GSF dips for Clearstream 08 February 2013Frankfurt Reporter: Jenna Jones
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Clearstream has released its January 2013 figures, which show a decrease in global securities finance (GSF), but an increase in assets under custody.
In January 2013, assets under custody held on behalf of customers reached €11.3 trillion, a year-on-year increase of three percent.
For GSF services, the monthly average outstanding reached €548.8 billion. The combined services, which include triparty repo, securities lending and collateral management, collectively experienced a drop of 8 percent over January 2012.
The investment funds services saw a 41 percent increase from January 2012, with 0.67 million transactions processed.
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