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09:47
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Originally posted by zilliqua:
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Exactly it is State Street amougnst its services is custodian/nominee services of what could be 10's of 100's or 1000's of foriegn pension funds, foriegn high net wealth individuals, hedge funds, companies etc.
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you are right, but index funds do lend out their holdings to whoever wants to borrow them (for shorting purposes): an extra stream of income for them
(20min delay)