A decade of pension fund growth in Nigeria has prepared the ground for a boom in the country’s mutual fund sector. Investments in carefully constructed higher performing risk-managed funds now outperform interest on bank deposits and even land. In 2020 alone, for example, assets under management in Nigeria’s Mutual Funds grew by 50% - topping N1.6 trillion.

Mutual funds are investment funds that pool money from many investors to purchase securities, like stocks, bonds, money market instruments, and other assets. Mutual funds are operated by professional money managers who seek to assemble the right mix of funds, balancing risk with growth according to investors’ risk appetite, growth needs and investment horizons.

It is in the management of these funds that the experience, skill, and above all, the research capacity and global reach of investment management teams becomes critical. After all, individual Nigerians have varying growth needs and different risk appetites.

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