With a cumulative net asset value of over N5.9 trillion, Nigeria’s asset management industry is a critical pillar of the country’s financial services ecosystem.
Asset management companies (AMCs) not only facilitate wealth creation for individuals, corporates, and institutions, but also serve as key channels for capital allocation across the economy fueling infrastructure, innovation, and industrial growth.
These firms typically structure their portfolios across money market funds, equity funds, fixed-income funds, and balanced/mixed funds, offering a diverse range of investment vehicles for varying investor needs and risk appetites.
Money market funds provide safety and liquidity; equity funds offer high-risk, high-reward growth; fixed-income funds deliver stability and predictable returns; and balanced funds combine both approaches.
In this feature, the Net Asset Value (NAV) of all collective investment schemes (CIS) as of 20th June 2025 has been used as a proxy to highlight the scale and performance of Nigeria’s leading asset managers and the strategic executives behind them.
- NAV: N145.3 billion
Deji Tunde-Anjous serves as Chief Executive Officer of AXA Mansard Investments Limited, a subsidiary of AXA Mansard and a key player in Nigeria’s asset and investment management space. Since his appointment in 2019, Tunde-Anjous has led the firm’s push toward technology-driven innovation, leveraging automation and AI to enhance portfolio management, client engagement, and operational efficiency.
Founded in 1989, AXA Mansard Investments was initially incorporated as a private limited liability company. It has since evolved into a composite company registered with the National Insurance Commission of Nigeria (NAICOM) and is regulated by the Securities and Exchange Commission (SEC) as a licensed Fund and Portfolio Manager. As part of the AXA Mansard Group, one of the country’s leading financial services providers, the firm delivers a wide range of investment solutions to retail and institutional clients.
Tunde-Anjous holds a BA and MSc in Accounting, Financial Management, and Information Management from the University of Sheffield, UK, and completed the Leading Digital Business Transformation program at IMD, Switzerland.
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