All of the Barbados dollar funds managed by Fortress Fund Managers (FFM) performed strongly in the financial year ending September 30, 2023, making gains of up…
by AirBourne / January 31st, 2021
Fortress Fund Managers posted one of its strongest-ever performances in the fourth quarter of 2020 as world equity markets continued their recovery from a turbulent year, reminding investors that a focus on the long-term and diversification remain essential.
The leading fund manager reported that its global equity investments led the way during the quarter, with bond portfolios also posting gains and finishing a strong 2020 for fixed income investments.
This assessment was shared recently with Fortress investors in its December 2020 quarterly report which focused on Fortress’ three Barbados dollar funds: the flagship Caribbean Growth Fund; the Caribbean High Interest Fund, which concentrates on income and capital preservation; and the Caribbean Pension Fund.
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