We heard twice recently the old concern from portfolio managers that allowing securities lending in their portfolios for short selling damages the value of the equities in their portfolio. As market practitioners know, that is not the case. In this article we present the main academic research that should hopefully put portfolio manager concerns to rest.
This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..
