Exclusive: BlackRock sharpens ETF unit lending focus
BlackRock’s iShares team has brought in Matthew Fowles to a new role which was created to focus exclusively on enhancing the securities lending ecosystem so that ETFs can become a mainstream asset in the marketplace.
Fowles reports to Andrew Jamieson, head of the broker dealer and client execution sales teams for iShares in Emea, whom Fowles also reported to at JPMorgan.
“Adding Matt
"For
us it is a significant project and key focus to enhance the trading ecosystem.
We are seeing a growing adoption of ETFs as financial instruments and enhancing
ETF lending is integral to success.”
Fowles joins from JPMorgan where he spent the previous 15 years heading the collateral financing group within equity finance.
Blackrock's iShares team say this experience will be invaluable for his new task of addressing the challenge to make ETFs more acceptable as eligible collateral and improve market processes.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you