Testing times in the search for alpha
Bi-annual survey monitoring political and economic stability of 185 sovereign countries
Mezz is a risky product and it is priced accordingly. No one is yet going out there and undercutting but there is a chance this could happen. If someone wants to go ahead and use mezz as a loss leader, be my guest – but I am not going to do it
James Stirling, director in growth and acquisition finance at Investec