Hedge-fund entry tipped to boost Korea sec lending

Korean institutional investors have become more active participants in securities-lending programmes, but supply remains limited, prompting industry executives to hope the introduction of onshore hedge funds will boost activity. Speaking at AsianInvestor’s fifth annual Korea investment summit in Seoul held earlier this month, Lee Sang-bum, head of foreign custody at Kookmin Bank, says the market’s traded value of lent securities continues to rise. He notes that in 2004, the mark…