Disagree on ARC.
Look at ROEs on that one. It is mediocre at best.
This used to be a very good business 5-7yrs ago. Now there’s restrictions on ownership structures and leverage - that makes this a lot less attractive.
Disagree on ARC.
Look at ROEs on that one. It is mediocre at best.
This used to be a very good business 5-7yrs ago. Now there’s restrictions on ownership structures and leverage - that makes this a lot less attractive.