J.P. Morgan to offer securities lending in Malaysia
J.P. Morgan became the first international lender in the Malaysian market to offer a securities lending product.
It would now be able to offer securities lending solutions to major prime brokers and clients with Malaysian assets, with asset managers and institutional investors benefiting from improved risk-adjusted returns on their securities portfolios containing Malaysian assets.
"As lenders demand greater transparency and flexibility across their securities lending programme, J.P. Morgan's customised solutions allow them to define their own structures to meet their risk/reward requirements with the firm's comprehensive indemnification programme against borrower default allowing lenders to mitigate counter-party risk across their programme," it said.
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