Follow Us on Google Discover
- Bringing together auditors, trustees, bankers, rating agencies, and other strategic stakeholders, Custodian Asset Management Limited is pleased to announce the launch of Custodian Money Market Fund, an open-ended mutual fund designed to provide investors with convenience and a low-risk avenue to professionally managed high-quality money market instruments.
Custodian Asset Management Limited (CAML), a subsidiary of Custodian Investment PLC, licensed and regulated by the Securities and Exchange Commission (SEC), has formally launched its operations with the signing ceremony for its Money Market Fund, an offering of 20 billion units at ₦1.00 per unit, valued at ₦20 billion.
The ceremony, held at its corporate office, 29 Commercial Avenue, Sabo, Yaba, Lagos, Lagos, brought together the fund’s key transaction parties, including auditors, trustees, bankers, registrar, solicitors, rating agency and other professional advisers. Their signatures mark a key step in bringing the fund to market and define the roles each party will play in its governance, asset safekeeping and reporting.
Custodian Asset Management provides investment and wealth management solutions to individuals, corporates, and institutions seeking to preserve capital, earn competitive returns, and manage liquidity with discipline. The Custodian Money Market Fund is its first product to market and provides investors with access to short-term, high-quality money market instruments, with the aim of delivering steady income and easy access to funds.
Commenting on the milestone, the Managing Director of Custodian Asset Management, Mrs. Opeyemi Agunbiade, stated “Today marks a significant milestone in Custodian Asset Management’s journey to broaden access to innovative, secure, and professionally managed investment solutions. The launch of the Custodian Money Market Fund reflects our commitment to addressing a growing need among investors for a low-risk investment vehicle that combines capital preservation, liquidity, and competitive returns in an increasingly dynamic economic environment. As a SEC-licensed and regulated asset management firm, we are guided by the highest standards of governance, transparency, prudence, and investor protection. We believe sound wealth creation begins with trusted investment solutions, and we remain dedicated to helping our clients achieve their financial goals through disciplined fund management and consistent value delivery.”
Mr. Niyi Falade, Non-Executive Director of Custodian Asset Management, remarked: “Strong governance, disciplined risk management, and investor confidence are the cornerstones of every successful asset management business. The quality and depth of the professional institutions and advisers represented in this transaction reflect the strength of the governance framework underpinning the Custodian Money Market Fund. Operating under the rigorous oversight of the Securities and Exchange Commission (SEC), with a Board that remains firmly committed to prudent risk management, regulatory compliance, and long-term value creation.
CAM’s launch extends the Custodian Group’s presence in the investment management space and complements the Group’s offerings in insurance, pensions, real estate, trusteeship, stockbroking, and hospitality.
