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Foremost Capital Hits N60bn AUM in 6 Months


Foremost Capital Limited, a Securities and Exchange Commission-licensed asset management company, has surpassed N60bn in Assets Under Management within six months of operations.

A statement from the firm on Sunday stated that the company offers a range of conventional and Shariah-compliant investment products, including portfolio management, fund management, liquidity optimization, and financial advisory services.

According to the Managing Director and CEO of Foremost Capital, Emmanuel Akehomen, the company’s impressive performance is a testament to the confidence investors have in its products and services.

“Within the first 6 months of operations, we have been able to surpass N60 billion in Assets Under Management, a clear testament to the confidence that investors have demonstrated in the products and services offered by the company,” Akehomen said.

The company’s strategic mission is to revolutionize the asset management landscape in Nigeria through innovation, discipline, and a client-first philosophy. Foremost Capital aims to bridge the gap between conventional and ethical investments, providing sustainable value for clients.

Akehomen hinted that the company would soon launch Naira and USD-denominated Mutual Fund products, spanning both conventional and Shariah-compliant structures. The mutual fund products would be complemented by the launch of the Foremost Capital App, providing seamless service delivery and competitive risk-adjusted returns to clients.

The company’s vision is to transform Foremost Capital into Africa’s most trusted and innovative asset manager, pioneering the convergence of conventional and ethical investment solutions.

With its client-focused approach and commitment to transparency, Foremost Capital is poised to redefine wealth creation for clients across Nigeria and beyond.

The impressive growth of Foremost Capital comes at a time when many investors are pulling out their funds from other entities. The company’s performance is a testament to its purpose-driven and performance-oriented approach, solidifying its position as a major player in the asset management industry in Nigeria.

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