JMMB Fund Managers Limited (JMMBFM) has reported a 520 per cent growth in its funds under management (FUM) over the last five years.
Industry News
Eppley expanding investment portfolio
October 5, 2021
Even with there being talk of a possible rise in interest rates, Eppley Limited remains unfazed by the pronouncement and is looking to satisfy the burgeoning demand for its loans, leases and insurance premium financing products.
Sygnus Real Estate Finance IPO falls short
September 23, 2021
Real estate finance firm Sygnus Real Estate Finance, SRF, fell short of its goal of raising about $3.9 billion on Jamaica’s capital market, instead garnering $2.3 billion in an IPO that closed September 10. SRF was seeking to raise up to US$25 million by offering more than 207.6 million ordinary shares denominated in Jamaican and US dollars, up-sizeable to a further 38,857,193 shares in the IPO.
https://jamaica-gleaner.com/article/business/20210922/sygnus-real-estate-finance-ipo-falls-short