For the second consecutive week, the New Gold ETF, which trades on the Nigerian market has suffered huge outflows.
If you are looking at transfering your RSA from one fund manager to another, here are a few things you might consider first.
As more and more people begin to understand cryptocurrency as profitable investment outlets, many traditional investments may suffer huge withdrawals.
The Nigerian government expanded the Pension Reform Act (PRA) of 2014 to include provisions for Micro pensions.
Nigeria’s mutual fund managers are always “fighting” for positions by growing their assets month over month.
The asset classes that gathered more allocation are FGN Bonds, Bank Placements, Corporate debt securities, and Domestic ordinary securities.
Nigeria pension fund managers have increased their exposure or asset allocation to foreign money market securities by 214%.
The coming year(s) may see more fund managers joining in the quest to explore and expand the Nigerian mutual fund space.
About 4.57 billion people were active users of the internet in April 2020.
To what extent is the NSE Pension Index an appropriate benchmark?