Dealers put varying weight on whether Buffett's interest in Finova has nudged up trading levels. "I wouldn't say it's that. People have known for a while that he was interested," said one. Another believes the upward trend is due largely to Buffett's investment. "He may see there's significant value-he's a value player," said a market watcher. "With a finance company it's so hard to know [where it's headed] unless he's gotten a chance to look at the details of the portfolio. [Buffet's interest] is certainly good for it in the short-run. He's been wrong, but certainly more often he's right."
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|Rank||Lead Manager/Arranger||Share % by Volume|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|1||Wells Fargo Securities||11,897.40||33||11.83%|
|2||Bank of America Merrill Lynch||9,837.56||29||9.78%|