First Mutual banks on real assets

FMH has announced plans to align its property portfolio with modern sustainability standards, starting with a review of older buildings that fall short of eco-friendly benchmarks.

FIRST Mutual Holdings (FMHL) says it is focusing on converting available resources into real assets as a hedge against potential exchange rate fluctuations and inflationary pressures.Real assets are tangible resources, namely real estate, infrastructure, and commodities, with an intrinsic value tied to their utility as opposed to financial assets that are prone to exchange rate…

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