The Reservas Investment Fund Administrator (AFI Reservas) and Inversiones & Reservas received several awards in the IV edition of the BVRD Awards, held by the Stock Market and Stock Markets of the Dominican Republic.
AFI Reservas received two statuettes, one of them as “Largest variable income issuer volume”, for its Reservas Real Estate Closed Fund, oriented to long-term investment in real estate in the Dominican Republic. This prize is awarded to the issuer that recorded the highest trading volume through the primary equity market.
The second category led by AFI was “Greater Variable Income Structurer”, for structuring a greater volume in instrument issuance programs in this line.
On the other hand, Inversiones & Reservas was the winner as “Largest Fixed Income Arranger”, a distinction that is awarded to the stockbroker that acted as an arranger of the highest volume in programs for the issuance of fixed income instruments, approved in the period between December 2021 to November 2022, and that have been partially or totally placed through the BVRD.
The awards were received by the heads of each entity, Roberto Cabañas, from Inversiones & Reservas, and Ian Rondón, from AFI, as well as representatives of their work teams, who celebrated.
Inversiones & Reservas and AFI Reservas are affiliated companies of the Reservas Family. The first is a securities intermediary in the Dominican market, and the second is dedicated to managing investment funds, both financial and non-financial, in order to provide the most effective diversified and innovative options to its clients.
The IV edition of the BVRD 2022 Awards has the objective of promoting the development of the Capital Market, awarding the companies with the highest transaction and placement through the Stock Market and Stock Markets of the Dominican Republic, both in the primary market for rent fixed income and variable income, as well as in the Fixed Income and Variable Income secondary market.
In addition, it recognizes the participants of the Market Makers Program of the Ministry of Finance, including this year, the largest Fixed Income and Variable Income Structurers, the main Fixed Income and Variable Income Issuers, as well as its ARM program.