Tuesday, June 24, 2014

Mayberry bullish on economic prospects

Gary Peart, CEO OF Mayberry Investments, is expecting the company’s performance to improve as the Jamaican economy continues to pick up.

Mr. Peart, pointing to the first quarter performance in which Mayberry recorded a profit of $74 million, told RJR News that this is forecast to continue.

“There are certain growth platforms that we’ve put in place, for example corporate bond offerings. For the last couple months we’ve placed over a billion dollars in corporate bonds, and we see the future that we (can) generate revenues from that aspect,” he explained.

Mr Peart added that other aspects of driving revenues and profit for the company will include its focus on fixed income trading and advisory services.

According to him though, those services take longer to be realised.


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Mayberry bullish on economic prospects