Thursday, Aug 16, 2018

Increase in Fortress Funds

Increase in Fortress Funds
09 Aug
2018

Fortress Fund Managers' investments have recorded an increase over 2017.

Fortress recently revealed that investments managed by Fortress Fund Managers were able to register the increase, even though regional and international events led to a small decline for the second quarter of 2018.

According to the recently released Fortress Fund Managers June 2018 quarterly report, which focused on the Caribbean Growth Fund, the Caribbean High Interest Fund and the Caribbean Pension Fund, the funds were "still in positive territory over the last year", despite the rise in interest rates in the United States, an increase in global trade tensions, and financial stress in some Caribbean countries.

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