In April 2009, Wendy Jefferson had just returned to her office following a whirlwind day of meetings with her newest client, Star Advisor. Jefferson, a financial services advisor, was excited to dig into the information provided to her and her team about the Star mutual funds along with the income the funds earned from securities lending. Securities lending entailed temporarily transferring securities from mutual funds handled by Star Advisor to short sellers and other investors. Income from these loans had been a small but safe component of Star mutual fund yields for decades.
Securities Lending After the Financial Crisis case study solution
PUBLICATION DATE: April 26, 2011 PRODUCT #: 311130-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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