J.P. Morgan Worldwide Securities Services (WSS) has launched securities lending in Malaysia as part of the regional rollout of its capabilities.
It will offer securities lending solutions to major prime brokers and asset managers and institutional investors holding Malaysian assets. Lenders will be able to define their own structures to meet their risk/reward requirements using J.P. Morgans risk indemnification program against borrower default.
In addition to Malaysia, J.P. Morgan also offers securities lending services in Australia, Hong Kong, Japan, New Zealand, Singapore, South Korea, Taiwan and Thailand.
Shaun Parkes, CEO, Asia ex-Japan & Australia, J.P. Morgan WSS, said: The future for securities lending in Asia Pacific continues to demonstrate significant potential. Malaysia represents an important part of our regional growth strategy, and is a key value-add for our institutional client base that is looking to diversify their investments and mitigate their risk.
(JDC)