Managing Director, DLM Asset Management, Ugonnaya Osi, has stressed the need for innovative approaches to wealth creation and investment in Nigeria, acknowledging the country’s evolving financial services industry.

She also noted the significant positive impact of asset management on Nigeria’s financial landscape, saying the industry has not only improved the savings culture of Nigerians but also contributed to wealth creation, business growth, and job creation.

According to her, Nigeria’s asset management sector has experienced remarkable growth, with an estimated ₦10.1t ($6.7b) in assets under management (AUM) as of 2024, saying this growth has positioned Nigeria as the third-largest investment management zone in sub-Saharan Africa, after South Africa and Morocco.

She stated that DLM Asset Management has been at the forefront of the innovation, offering a range of products and services tailored to the needs of Nigerian investors, through DLM Money Market Fund (short-term, low-risk, starting at ₦10,000) and the DLM Fixed Income Fund (for steady long-term income), which provide low-risk and steady income investment options.

Osi said the company’s bespoke portfolio management, investment advisory, and digital investment portal, DLM Thrive, have also enhanced customer experience and expanded market reach.

She emphasised that DLM Asset Management’s mission goes beyond delivering returns but also empowering Nigerians with financial education, ethical practices, and transparent investment opportunities.

“By transforming idle savings into purposeful investments, DLM Asset Management is helping individuals build wealth while contributing to national economic growth. DLM Asset Management has also demonstrated a commitment to sustainable and impact investments, which provide greater diversification for clients and position the company to lead in the growing market for responsible and impact-focused investments.

“Beyond mutual funds, DLM Asset Management offer bespoke portfolio management, investment advisory, and innovative digital access through our recently launched state-of-the-art technology driven investment portal called DLM Thrive. Our web portal has helped us improve our service offering, enhance our customer experiences, expand our market reach, increase operational efficiency, and enable us tap into the growing digital investor base, by catering to a more tech-savvy, younger generation of investors who prefer quick, online access to financial services.

“We have also been deliberate and intentional about diversification into alternative investments while at the same time focusing on sustainable and impact investment. This has not only helped us grow our AUM but also positions DLM Asset Management to lead in the growing market for responsible and impact-focused investments.

“These investments provide greater diversification for our clients and have helped DLM Asset Management to be able to meet the evolving needs of its diversified investors’ base and at the same time strengthen our competitive positioning in the market.”