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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 {{anat|gmsla}}
 {{2010 GMSLA Addendum TOC}}
-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.  Quite a big business.
+===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.