Assetium grows assets under management to N5bn in 6 weeks

Assetium Investment Managers Limited (AIML) has hit N5 billion in assets under management within just six weeks of receiving regulatory approval from the Securities and Exchange Commission (SEC), investigations have revealed.

AIML is a subsidiary of The Assetium Group, a multi-vertical investment and business conglomerate with a footprint spanning investment management, real estate and hospitality, agriculture and commodity trading, business advisory and consulting.

At the helm of AIML as Managing Director (MD), is Afolabi Olajide, who is reputed to be a finance professional, with credentials spanning close to two decades across Investment Management, Accounting and Finance, Risk Management, and Business Strategy. A Fellow of the Institute of Chartered Accountants of Nigeria (FCA) with over a decade of post-qualification experience, a Fellow of the Institute of Islamic Finance Professionals of Nigeria (FIIFP), a Certified Management Consultant (CMC).

Similarly, his career has cut across Ernst & Young’s Advisory Services unit, Guaranty Trust Pension Managers Limited where he managed pension assets in excess of N100.66 billion and Apricot Investments Limited, where he served as Chief Financial Officer. He is a Sponsored Individual recognised by the Nigerian Securities and Exchange Commission, qualifying him to serve as Managing Director of a licensed capital market operator.

‎‎In a chance meeting with the MD, he confirmed the development and hinted at further developments in the company, adding that soon “we be launching naira- and dollar-denominated mutual fund products, covering both conventional and Shariah-compliant structures a move that would open professional wealth management to a far wider segment of Nigerian savers and investors. Complementing this, the firm is developing a dedicated investment app that will provide clients with seamless, technology-enabled access to their portfolios and deliver sustainable, risk-adjusted returns at their fingertips.

‎‎”We are building infrastructure for the long term. The mutual funds and the app are not products, they are access points. We want every Nigerian, whether they have ₦50,000 or ₦500 million, to have a structured, professional pathway to growing their wealth,” the MD said.