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Fortress Fund Manager official disappointed tax allowance not restored for private pension plans

Fortress Fund Manager official disappointed tax allowance not restored for private pension plans
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#BTEditorial - A positive move by Cave Shepherd

In what we could readily describe as a “throw away age”, we are living in a period where most things are seen as dispensable the moment their significance is questioned. As a result, there is an ongoing battle to remain relevant as the environment around us evolves.
One may be of the impression that these circumstances relate only to individuals,however, it ....

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Fortress reports challenges to mutual funds

Risky government credits and limited investment options continue to be a major challenge for mutual funds in the Caribbean, says Investment Director of Fortress Fund Managers Roger Cave.He gave this indication as he reported that after a good start to the 2022 financial year, the Barbados dollar funds managed by Fortress Fund Managers declined late in the year, although still outperforming those in other markets.Highlights of the three Barbados dollar funds – Fortress Caribbean High Interest Fund, Fortress Caribbean Growth Fund and Fortress Caribbean Pension Fund – were shared with investors recently in the 2022 Annual Report.Cave pointed out that the Fortress Caribbean High Interest Fund continued to face challenges finding new local investments consistent with its risk and return objectives, and undeployed cash remained a drag on performance. ....

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