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PIMCO Covered Bond Source UCITS Message Board

  • dickeypiper1 dickeypiper1 Oct 12, 2013 11:18 AM Flag

    PR on 10-10-13: COVR and MFX

    announce strategic alliance. While we really don't have any specific details I view this as a "no lose" scenario as it should be a way of increasing both revenue and market penetration/share with little or no $ cost to COVR. MFX is a wholly owned subsidiary of Fairfax Financial Holdings so COVR is definitely dealing with a quality company.

    Sentiment: Strong Buy

 
COVR
0.950.0000(0.00%)Jun 26 4:00 PMEDT