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Demand side changing Canadian sec lending

10 May 2012


Attitudes towards securities lending are changing and the Canadian hedge fund market is evolving, leading to new opportunities for the Canadian securities lending market

Read more: Casla hedge funds

With attitudes towards securities lending changing and the hedge fund market evolving, the outlook for the Canadian securities lending industry is positive despite a present lack of demand.

Speaking at the Canadian Securities Lending Conference in Toronto, Paul Larkin, executive director in prime services, CIBC World Markets, said the attitude of the Canadian hedge fund industry towards securities lending has changed since the financial crisis.

“Before [hedge funds saw securities lending as a] fairly straightforward transaction. Now we are seen as knowledge providers. What is going on in securities lending is important to them...