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In the Caribbean, alternative investments or money invested in businesses and projects outside traditional bank loans or stock market funding, barely register.
Even in Jamaica, home to one of the region’s deepest capital markets, the asset class accounts for just a sliver of economic output — well under one per cent of GDP by Sygnus Capital’s estimates.
“It’s still very small. It’s probably less than, certainly it’s less than one per cent. It’s more like 0.05 per cent or thereabout relative to the GDP across the region,” CEO of Sygnus Capital Limited and co-founder of Sygnus Group, Berisford Grey told the Jamaica Observer.
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