Foremost capital surpasses N60bn in assets within 6 months
By Kadiri Abdulrahman
Foremost Capital Limited, one of the SEC-licensed asset management companies, has recorded a major feat with its Assets Under Management (AUM) surpassing N60 billion within six months of operations.
Its Managing Director, Mr Emmanuel Akehomen, said this in a statement on Monday in Abuja.
Akehomen said that the company was offering a diverse range of conventional and Shariah-compliant investment products, including portfolio management, fund management, liquidity optimization, and financial advisory services.
According to him, the innovation-driven investment company is now currently redefining wealth creation for clients across Nigeria and beyond.
“The performance is coming at a time when many investors are pulling out their funds from other entities.
“The vision of the Board is to transform Foremost Capital into Africa’s most trusted and innovative asset manager, pioneering the convergence of conventional and ethical Investment solutions to unlock sustainable value for clients.
“The unparalleled growth in the short span has continued to solidify the company’s position as a purpose-driven and performance-oriented market player,” he said.
Akehomen, who is also the Chief Executive Officer (CEO) of the company, said that it operated with an unwavering commitment to transparency, client success, and strategic transformation.
He said that those were admirable traits that continued to distinguish it in a crowded marketplace.
“Within the first six months of operations, we have been able to surpass N60 billion in Assets Under Management.
“This is a clear testament to the confidence that investors have demonstrated in the products and services offered by the company,” he said.
Akehomen said that Foremost Capital’s strategic mission was to revolutionise the asset management landscape in Nigeria.
The CEO said that the company would do that through innovation, discipline, and a client-first philosophy, with a bold vision to bridge the gap between conventional and ethical investments.
He said that it would soon launch some Naira and dollar-denominated Mutual Fund products, spanning both conventional and Shariah-compliant structures.(NAN)
Edited by Isaac Aregbesola