HALISTER1: Greylock Remains Positive on Greece, Expects Deal With Creditors

Greylock Remains Positive on Greece, Expects Deal With Creditors

(Bloomberg) -- Greylock Capital Management sees value in the short-end and favors GGBs due in 2017 and 2019, co-chief investment officer Diego Ferro writes in e-mailed comments.
  • Greylock “constructive on a deal happening” between Greece and creditors
  • Welcomes volatility to add to existing Greek bond positions; 2017 GGB moved by ~10 points when nothing of substance really changed for Greece
  • Greylock has ~$1b of assets under management, Ferro says
  • NOTE: Greece, creditors take time out to attend IMF spring meeting after failing to reach initial agreement; BofAML expects bailout review to conclude before July payments
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
0447838D US (Greylock Capital Management LLC/USA)

People
Diego Ferro (Greylock Capital Management LLC/USA)

To de-activate this alert, click here

UUID: 7947283

HALISTER: Buffett Deputy Jain Will Add Gen Re Oversight as Montross Exits

Buffett Deputy Jain Will Add Gen Re Oversight as Montross Exits

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
BRK/A US (Berkshire Hathaway Inc)

People
Ajit Jain (Berkshire Hathaway Inc)
Warren Buffett (Berkshire Hathaway Inc)
Charles Munger (Berkshire Hathaway Inc)
Franklin Montross (General RE Corp)
Gregory Abel (Berkshire Hathaway Energy Co)

Topics
Financial Firm Departures

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283