JMMB Launches Investment Service to Assist Corporates to Navigate COVID-19 and Beyond
JMMB recently made its investment management service solution official, via an online launch. The newly launched service will assist medium and large-sized businesses to: better manage their cash flow and currency hedging; maximize the return on their investment portfolio; and bolster how they manage their investments, in order to increase their profitability.
“The roll-out of this service is timely, as it comes amidst a changing economic environment, characterized by low-interest rates and increased economic uncertainties. As such, businesses are seeking opportunities to better manage their liquidity, balance the return on their investment portfolio and ensure steady cash flow,” said group client investment manager at JMMB, Peter Thompson. He further notes that the JMMB Investment Management Service will allow business clients to benefit from JMMB’s wealth of regional expertise and ongoing research, to inform their investment management process and decision-making, without the added costs associated with hiring these kinds of experts, in-house. JMMB will, therefore, seek to bridge their business clients’ knowledge and technical gap, through the provision of this service.
Thompson adds, “Clients will receive a customized investment strategy, in which we will allocate (investment) assets, based on their unique business needs; risk appetite; investment objective; tax and legal implications; and any investment constraints, all while we monitor and rebalance their investment portfolios, in order to achieve projected returns and meet their objectives.” The investment manager further explains, “This service will be supported by current analysis of all the factors that affect a business’ portfolio performance, such as the economic outlook and any changes in the business’ circumstances, ensuring that they have the benefit of making informed and research-driven decisions.” The business’ investment policy statement, which guides the investment strategy we chart with them, will be reviewed annually, or as necessary, given changes in the economic landscape, thereby allowing the business to benefit from market opportunities and flexibility.
This value-added service will be backed by JMMB Group’s exceptional client experience, as the company will also provide business clients with administrative support, throughout the life of the investment, so as to allow for seamless reporting and tracking of the business’ investment portfolio, at all levels.
The JMMB Investment Management Service will afford businesses the opportunity to have global exposure to a range of asset classes, including: bonds, equities, fixed assets and other securities, which will be managed and tracked by the JMMB Investments team.
Thompson notes, “At the core of this offering is a win-win partnership, in which businesses can remain focused on their core operations, while JMMB Group provides them with the necessary support to manage their liquidity and maximize return, with an affordable investment management fee structure that is flexible and allows businesses to either pay those fees upfront, or opt for a performance-based approach. “
In touting the value of this new service, Keith Duncan, JMMB Group CEO, shared, “The JMMB Group remains committed to partnering with the business community, to ensure that we support their sustainability throughout this period, and beyond, as they remain major contributors to our economy. We are happy to be able to provide a structured service like this, which will enable businesses to recover and thrive.”
This newly launched service is in keeping with JMMB’s brand promise to provide value-added services, to complement its integrated financial services model that includes a range of offerings, such as: investments, banking, cambio, insurance brokerage, fund management and pension solutions.