Thursday, April 18, 2024

Crunch biting

Date:

Share post:

Barbados’ foreign exchange crunch is being felt by the investing community.

Credit rating downgrades, including the one Standard & Poor’s issued last month, are also a significant concern for investors, says Fortress Fund Managers investment director Roger Cave.

The protracted economic downturn here had, however, not stopped Fortress from achieving good returns for investors, largely because of the firm’s diversified global portfolio, he added.

Cave gave this update yesterday, as he, portfolio manager Christopher Callender, chief investment officer Peter Arender and marketing manager Kim Howard met with the media during their first Lunch and Learn session at Carlisle House, Hincks Street, Bridgetown. (SC)

Please read the full story in today’s Daily Nation, or in the eNATION edition.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

WIPA commends Hayley Matthews for historic win as Wisden’s Leading T20 Cricketer in the World

The West Indies Players’ Association (WIPA) proudly commends West Indies Women’s captain Hayley Matthews for being designated Wisden's...

Abrahams: Be Prepared

Barbadians have been urged to be as prepared as possible as the country braces for an active Atlantic...

BWA Continues Mains Replacement in St. Thomas 

The Barbados Water Authority (BWA) advises that work to replace themains in Bridgefield, St. Thomas is still in...

Police seeking information on Pinelands shooting

The Barbados Police Service (TBPS) is seeking the General Public’s assistance with information relative to a shooting incident,...