News

SSGA begins securities lending on Asian bond fund

Chinese_indicesState Street Global Advisors (SSGA) says it will lend out some of the securities held by a fund investing in Asian bonds “to potentially enhance returns”. The firm says that from July 10, qualified borrowers will have access to some of the local currency bonds held by its ABF Pan-Asia Bond Index fund. The revenue from lending the securities will offset the fund’s costs to the benefit of investors. June Wong, head of Asia ex-Japan, said the lending programme will also support regional markets. “We believe the addition of Asian local-currency denominated bonds into the lending pool will deepen liquidity in the secondary markets, ultimately benefiting all investors,” she said. SSGA, which had $2.7 trillion under management at the end of March, is the investment management arm of State Street. ©2018 funds global asia

Executive Interviews

Interview: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.

INTERVIEW: Giving peace a chance

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As US-China tensions escalated in 2018, the leaders of the two economies met in Buenos Aires to agree a truce. Aidan Yao, senior emerging Asia economist at Axa Investment Managers, talks to Romil...

Roundtables

Singapore roundtable: A money magnet

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Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.

HONG KONG ROUNDTABLE: A sunny picture

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Changes to regulation, US-Sino trade tensions and further steps by China to open its capital markets were some of the topics discussed by our panel. Chaired by Romil Patel in Hong Kong.