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Opalesque Industry Update - Finadium has released its annual survey of asset manager behaviors and decision drivers in custody, securities lending, and collateral management. This survey covers 26 large asset managers in North America and Europe with nearly $15 trillion in AUM. Now in its third year, this survey provides benchmarks for asset managers and their service providers to evaluate programs, practices and assumptions.
Highlights from this report include:
- A bundled service offering is the primary driver of why asset managers selected their most recent securities lending agents, followed by a fee split or revenue estimate.
- In collateral management, asset managers are most satisfied with their collateral managers' abilities to articulate portfolio strategy and to provide access to key personnel. They are least satisfied with the reporting they receive.
- Who pays for custody-related services will be a matter of increased discussion over the next two years as service providers come under additional strain.
For more information, please visit the Finadium website: Source
- FG
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