PCS Market Committee Adds Buyside Expert
Will Howard Davies of PIMCO will serve on the Prime Collateralized Securities (PCS) market committee.
Davies is presently portfolio manager at PIMCO, responsible for RMBS and residential mortgages.
The group said on Friday that Davies will bring his more than 14 years of securitization buyside expertise to the group.
PCS is the securitization kitemark launched last June, designed as a simple measure to identify securitizations that meet predefined best practice standards with regard to quality, transparency, simplicity and standardization.