Business [LIST] 5 Biggest Mutual Fund Managers by Asset in Nigeria

[LequteMan]

A mutual fund manager is someone (or firm) who implements the investing strategy of a mutual fund and manages its portfolio trading activities.

There are numerous mutual fund managers in Nigeria. Here are 5 mutual fund managers going by their asset according to Quantitative Financial Analytics.

1. Stanbic IBTC Asset Management Limited
2. FBN Capital Asset Management Limited
3. FSDH Asset Management
4. Asset & Resources Management Company Limited
5. Union Homes Savings and Loans Plc

Photo credit: QFA

QFA reported recently that FBN Capital lost its second position to FSDH Asset and predicted that it would regain its position. That has now happened.