In our continuing effort to bring to our readers the range of savings and investments options available to them, the Sunday BG spoke to Kurt Valley, president of the Mutual Fund Association of T&T (MFATT).
The first nine months of 2014 saw GDP (as measured by the CBTT's Quarterly Real GDP index) growing by a marginal 0.7% as growth of 1.9% in the third quarter supported an otherwise flat performance for 2014.
Scotiabank’s performance for the year ended October 2014 was relatively flat, reporting a net income after tax of TTD560 million compared to a restated 2013 profit figure of TTD557 million.
DEVELOPED MARKETS
United States
U.S stocks ended the shortened trading week with deep losses as investors fled equities on concerns over China's manufacturing slowdown and volatility in emerging market currencies.
Economic growth in Trinidad and Tobago was interrupted by the scheduled energy sector maintenance work, which was carried out in the third quarter of the year.