Why Most Institutional Investors Still Don’t Lend – BISS Research

At first glance the €21 trillion of securities available for loan at the end of 2019 seems a large figure
and indeed it is. However, by various estimates, the total amount of institutionally managed assets was above €60 trillion at the same time. In other words, approximately 2/3 of institutional money is outside of lending programmes. I explore the four primary reasons why I believe this is the case.