Coronation Highlights Opportunities In Mutual Funds Investment

Coronation Asset Management Limited has stressed the need for investors to take advantage of investment opportunities in the mutual fund market.

Mutual Funds, it stressed, are growing rapidly and are quickly becoming the default destination for Nigerians’ savings. Just as the Pension Funds began to take off a decade ago, now Mutual Funds are growing fast. “The total value of Money Market funds rose 11 per cent and Fixed Income funds rose by 59 per cent in the first half of this year. Mutual Funds are set to become a large part of the savings industry. In a few years they may rival Nigeria’s Pension Funds in size,” the report emphasised.

Czartoryski, however noted that the Mutual Fund industry in Nigeria faces two challenges, saying that the first is risk management. The era of high returns from Nigerian Treasury Bills ended in 2019.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Survival Fund: Accommodating Emerging Opportunities Through Redefined Business ModelsIn the span of few months, the COVID-19 health crisis has become an economic crisis. In response, President Muhammadu Buhari constituted the Economic
Источник: LeadershipNGA - 🏆 4. / 77 Прочитайте больше »

Taps run dry despite N395.23bn investment in water projects | The NationFG has since 2016 allocated N395.23 billion to the Ministry of Water Resources for capital projects for the purpose of ending the challenge of water scarcity. But in spite of the investment, the citizens are still plagued by acute water scarcity. Hahahahhahahaha Where is the project located.... calling of big amount of money isn't the project it self nau. Who's talking of water here?
Источник: TheNationNews - 🏆 6. / 69 Прочитайте больше »