Pimco Buys Bullish Europe Stock Options on Brexit Mispricing BetBy
Polls show vote a close call, but odds point to U.K. staying
Investors became “overly cautious,” Pimco’s Sundstrom says
Pacific Investment Management Co. has been buying up bullish European equity derivatives ahead of tomorrow’s U.K. referendum and may increase its allocation to stocks should Brits decide to stay in the European Union.
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