securities lending – Benefits Canada.com

Beware of in-house security lending

mschmit — Wed, 09 Oct 2019 03:23:41 +0000

Active mutual funds that engage in securities lending through in-house lending agents should raise questions for institutional investors. These funds may “reach for lending fees” by overweighting high-fee stocks, according to a new working paper by Travis Johnson, an assistant professor of finance, and Gregory Weitzner, a PhD student, both from the University of Texas’ […]

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Why zero-fee funds may not be the best option for investors

mschmit — Mon, 30 Sep 2019 03:53:38 +0000

In a world where zero-fee funds are rising, how are fund managers making money? And while zero fees sound beneficial for investors, is it really the best option? Marius Zoican, an assistant professor of finance at the University of Toronto Mississauga and Rotman School of Management, tackled these questions in a new working paper. During […]

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