Speaking on the report, the Research Team Head, Guy Czartoryski, said the report aimed at addressing the challenges in the mutual fund sector of the economy and fast track its development.
The Net Asset Value (NAV) of 56 mutual funds listed on the Nigerian Stock Exchange (NSE) rose from N1.24 trillion at the end of 2020.
23 Mar 2020
The Securities and Exchange Commission has expressed optimism that Collective Investment Scheme (CIS) or Mutual funds in the capital market will hit N1.5 trillion before the end of the year.
3 Feb 2020
With all the losses incurred in the equities market since, after the 2008 meltdown, which wiped a staggering $1 trillion off the value of the world economy
4 Jan 2019
Investments in mutual funds have been described as a veritable tool to the creation of wealth, expansion of business operations and needed capital for the development of critical infrastructure in Nigeria. Besides making liquidity available in the system, mutual funds offer a range of benefits to investors, including portfolio diversification and lower transaction costs, while…
7 Aug 2018
Mutual funds net asset value (NAV) in the nation’s capital market recorded improved performance at the end of first half of the year, and stood at N607.7 billion.