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Addendum for Pooled Principal Agency Loans - GMSLA Provision: Difference between revisions
Addendum for Pooled Principal Agency Loans - GMSLA Provision (view source)
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{{2010 GMSLA Addendum TOC}} | |||
===So what’s this all about then?=== | |||
The snappily-named {{gmslaprov|Addendum for Pooled Principal Agency Loans}} is an addendum dealing with [[agent lender|agent lenders]] who lend across a large portfolio of asset-rich clients (often private wealth management and high net worth clients from their investment management division) who are after a little bit of [[yield enhancement]] on their high-quality, low yield, assets. [[Margin]] is typically handled in a [[triparty collateral management system]]. | |||
Quite a big business. | |||