One of Nigeria’s top investment managers, First Asset Management, a division of First HoldCo Plc, has introduced the FBN Blended Dollar Fund, which aims to increase client profits by combining prestigious Nigerian-domiciled equities with US stocks. The company talked about the benefits of its recently launched FBN Blended Dollar Fund in its most recent webinar.
Thank you for visiting The Vestigator, don't forget to share!
In an effort to enhance client profits, First Asset Management was the first business to introduce a blended fund to the equities market. The gathering was a component of the First Asset Management Leading Conversations Webinar Series, which brings together professionals from the financial sector.
Renowned journalist Omohefe Osemere moderated the session, which included a distinguished panel that included Dr. Ayodeji Akamu, Research Associate for Energy & International Economics at First Bank of Nigeria Limited; Laura Fisayo-Kolawole, Head of Equities & Alternative Asset Management at First Asset Management; Robert Hageneers, Head of Markets at FirstBank UK; and Gbolahan Ologunro, Portfolio Associate at First Asset Management.
“Blending Returns in a Dynamic Global Environment: Navigating Trump’s Trade Agreement” was the theme of the panel discussion, which focused on how the trade agreement has affected the equities markets in the US and Nigeria. The discussion provided information on international investment tactics in the face of persistent economic instability.
First Asset Management presented the FBN Blended Dollar Fund during the meeting, outlining its importance and advising investors to take advantage of this chance. Investors are focussing more and more on methods to combine returns from several asset classes due to the unpredictable global economic environment.
Improvements in the monetary policy framework, increased domestic crude oil production, and rising non-oil revenue bolstered by improved VAT and customs duty collections have all contributed to this year’s positive shift in investor sentiment towards Nigeria. These factors are expected to continue to boost investor confidence.
U.S. President Donald Trump’s new economic policies, which are intended to boost the American economy and safeguard regional businesses, were discussed by Laura Fisayo-Kolawole. She talked on the possible long-term consequences of high tariffs intended to deter imports, pointing out that although Trump’s first-term policies have generated optimism, the market is still erratic and it is still unclear how these tariffs, which go into force on April 2, 2025, will ultimately affect the economy.
The FBN Blended Dollar Fund is a flexible product that is perfect for investors that have a strong interest in growth, according to Ike Onyia, Managing Director at First Asset Management. It provides liquidity and competitive returns that can be used as a hedge against inflation and currency risk.
The fund offers diverse exposure to international markets according to its structure, which allocates 20% to U.S. stocks and 80% to fixed-income, money market, and Euro bonds with Nigerian domiciles. Onyia was excited about the launch. a product that gives investors a special chance to place themselves in a changing economic environment.
