KINGSTON, Jamaica — VM Investments Limited (VMIL) says it is accelerating efforts to build a more diversified earnings model as it seeks to reduce its exposure to market swings and create a more stable platform for long-term growth.

Speaking at the company’s annual general meeting on June 4, Chairman Michael McMorris said the investment company is deliberately repositioning its business around fee-based income, wealth management and alternative investments such as private equity and real estate.

The strategy reflects a broader trend across the financial services sector, where firms are increasingly looking for recurring revenue streams that are less dependent on market conditions and trading activity.