by Bajan Reporter / December 23rd, 2020
In a year described as “challenging” and “volatile” with “mixed returns” in some funds, Fortress Fund Managers (
FFM) has generated solid returns for investors.
Investment Director
Roger Cave made this assessment in the leading fund manager’s 2020 Annual Reports for the Fortress Caribbean High Interest Fund, the Fortress Caribbean Growth Fund, and the Fortress Caribbean Pension Fund. The reports, for the year ended September 30, 2020, were disseminated to investors recently and highlighted the performance and outlook of the three funds.
High Interest Fund generates “solid return”
Describing the financial markets this year as “volatile” for the Fortress Caribbean High Interest Fund, with low interest rates, Cave said that it still generated a solid return. It returned 2.8% for the year as “global bond prices rose significantly and more of the Fund’s Barbados dollar cash was put to work earning higher returns.”
Sustainable recovery underway despite challenging year, Fortress reports
Article by December 19, 2020
In a year described as “challenging” and “volatile” with “mixed returns” in some funds, Fortress Fund Managers (FFM) has generated solid returns for investors.
Investment Director Roger Cave made this assessment in the leading fund manager’s 2020 Annual Reports for the Fortress Caribbean High Interest Fund, the Fortress Caribbean Growth Fund, and the Fortress Caribbean Pension Fund. The reports, for the year ended September 30, 2020, were disseminated to investors recently and highlighted the performance and outlook of the three funds.
High Interest Fund generates ‘solid return’
Describing the financial markets this year as “volatile” for the Fortress Caribbean High Interest Fund, with low interest rates, Cave said that it still generated a solid return. It returned 2.8 per cent for the year as “global bond prices rose significantly a