Beyond the Portfolio: An Evening with Mayberry Investments Ltd.

For over four decades, Mayberry Investments interest in meeting their clients where they are, has compounded into an array of avenues to do just that. And Wednesday night, a number of the entity's most valued members were on board for an event titled Beyond the Portfolio, where in addition to providing an overview of the business's core function, an introduction to emerging capacities was made by CEO of Mayberry Investments Limited, Patrick Bataille.

 

Bataille said, “Not to give away too much secret sauce – Mayberry is incubating and looking at AI in this process. We want to clarify; Mayberry is looking at AI up to the point of AI not giving investment advice because that's something that it would have to be licensed to do.”

 

He said, “Mayberry has always been an innovative company. We’ve spent the last five to six years on improving our digital platform. We're now continuing that so that you can get near real-time information so you can make better investment decisions.”

 

Bataille said Mayberry has been exploring data science in greater depth – decision science using AI.

 

“So, how do we start looking at the overall market trends from trading patterns, what our clients are doing so that it can inform our sales advisors and our relationship managers on what they should be recommending to clients from an investment perspective. Part of what we're focused on is algorithm driven investment decisions. So, through AI and data science, we have a lot of folks looking at not only the market data, but your trading behaviour so that we can start informing your client coverage team on investment opportunities aligned with your historical investment strategies and returns. We're looking at AI in research, lead generation, operational efficiencies, and service quality.

 

Beyond the Portfolio is now us recognizing that we need to now continue to re-engage our clients, show client appreciation and then also tell them about the next 40 years of what Mayberry's focused on.”

 

During that span, an adaptive approach to client communication has become a core feature of Mayberry's philosophy. According to both group CEO Gary Peart and chairman Christopher Berry.

 

Speaking to the Business  Report, Berry said, “We have the longest running investor forum on the island and during ‘Covid’ we switched that to online. We ended up getting a lot more participants. So, we moved away from our monthly format to an online format. So, what we try to do is have these types of events periodically.”

 

Peart said, “We ensure that we're in contact with our customers, so they understand how that goes and it's through events like this, where they'll realize that you know listen we're always laser-focused on what's required for them to get value.”

 

And this is where it may be found next, according to Bataille so said, “Alternative investment is where you want to go. So, you know, ultimately Mayberry is looking at where the next 10 years are going. Some of that is going to be through more real estate vehicles, private credit, asset-backed securities, and structured products which give a better yield.”

 

Peart edified Mayberry’s research team, highlighting their skill at see things a lot quicker than a lot of other entities within the space. “And then also the relationship we have with our customers. They trust us. They understand that we do the necessary work. The entire business is built on relationships, positive and lasting relationships. And that's what we're doing this to do and keep that going, keep that camaraderie together. They make money, we make money. So, we want to make sure that we all make money together.”

 

The prospect, according to Delano Seiveright, Minister of State in the Ministry of Industry, Investment and Commerce, has potential for impact across sectors.

 

Seiveright said, “It's always important to bring investors together, especially our local investors who are invested in multiple sectors across the Jamaican economy, whether it's manufacturing, real estate, retail, tourism, and beyond. When we bring them together it gives them an opportunity to discuss other investment opportunities and Mayberry, of course, has played a very key and facilitatory role in ensuring that investment thrives in Jamaica.”

 

He spoke to nature of this new, dynamic world that becomes increasingly more globalized. “AI is changing the game, but in the end, Jamaica has to focus on its niche products. We have an amazing digital services sector some of us call it BPO. It's a billion US dollar industry. Of course, we have our phenomenal tourism industry, but also, we're seeing the democratization of tourism. Jamaican companies can go anywhere in the world and excel.”