A fresh round of RFPs will be issued by the National Pension Service to local and global custodians as the new chairman prepares for a more aggressive asset allocation.
Tag : bny
Agent securities lenders say planned US counterparty credit limits and money-market fund reforms are driving them into high-margin trades.
OTC derivatives trades that are not centrally cleared are likely to cost more than cleared transactions, due to pricing by bank counterparties, argues BNY Mellon.
