eSecLending scrubs up nicely for Dow Chemical 07 January 2013Boston Reporter: Georgina Lavers
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The Dow Chemical Company has chosen eSecLending to act as securities lending agent for its US pension plan assets.
Gary McGuire, chief investment officer of Dow Chemical, said that the firm’s consultative approach was a key advantage, as well as an “ability to customise our securities lending programme to incorporate Dow's specific risk/return profile".
"As we re-engage in securities lending for the first time in several years, we are pleased to be partnering with an institution whose interests are aligned with ours."
eSecLending's co-CEO, Karen O'Connor said: "We are thrilled to establish a relationship with Dow Chemical and further expand the breadth and depth of our pension client base."
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