by RampageKy | March 15, 2017 12:53 pm
Just last month, Fairfax IPO[1]’d a subsidiary under the ticker FFXXF called Fairfax Africa[2]. It did not garner as much interest as they hoped and trades very, very thinly so far. Has anyone looked into this company so far? It looks like they have a few small investments so far, but considering who’s behind it they will likely ramp it up over the coming years.
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I like the idea of Fairfax creating this fund, though it’s arguably less appealing than their India fund was a couple years ago — but I’m happy just owning the parent and getting a small slice of that return (plus the fairly high management fees that Fairfax is charging).