IPE: Norwegian SWF manager defends securities lending

The manager of the domestic and Nordic element of Norway’s sovereign wealth fund has issued a defence of the practice of securities lending, saying that it leads to correct market pricing and more investors should do it.

Jørgen Krog Sæbø, chief investment officer, fixed income, at Folketrygdfondet, said: “We at Folketrygdfondet believe that lending shares naturally belongs to a long-term investor.

The full article is available at https://www.ipe.com/news/norwegian-swf-manager-defends-securities-lending/10069846.article

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