Unit trusts a $15.5b market - Sector regains lost ground, but product increasingly difficult to sell
Jamaica's unit-trust market is now valued at over $15 billion, but has been all but devoid of new business in the past two years, industry figures show. The sector has failed to pull in new investors, fund managers acknowledge, even as returns on units climb higher to peak above 13 per cent for the top-performing instrument.
Pan Caribbean claims 41% of trust market
The unit-trust market has a handful of players - Dehring, Bunting and Golding, Pan Caribbean Asset Management, Barita, and Capital and Credit Fund Managers Limited.
Xmas gift purchases take second place to food
The traffic, the crowd on the streets and the late opening of the stores spell two things: long lines and heavy Christmas shopping. They also spell delays, but that's usual at this time of the year - the season of giving, and splurging and pampering.
LOJ, Guardian to try again for GEASO contract
Life of Jamaica (LOJ) has declared its peeve at a decision by the Bruce Golding administration to retender the Government Employees Administrative Services Only (GEASO) health scheme, but has no plans to contest it.
Caribbean-EU trade pact comprehensive, innovative
At about 1:30 a.m. on the morning of Sunday, December 16, weary Carib-bean and European negotiators finally initialled the text of an economic partnership agreement (EPA) between Europe and Cariforum. The final text is complex and daunting - it runs to well over a thousand pages - but it is comprehensive and sometimes innovative.
Securities Commission blocks Neal and Massy - BS&T deal hits new snag
The Barbados Securities Commission (BSC) has blocked Neal and Massy Holdings from taking up the shares tendered by shareholders of Barbados Shipping and Trading Limited (BS&T) under its takeover offer.
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