Culled—Proshare March 13, 2017/Uchenna Ndimele* Not too long ago Quantitative Financial Analytics reported that FBN Capital Asset management lost its position as the second largest mutual fund manager by assets to FSDH Asset Management Ltd. In the same article, it was predicted that based on historical trend of mutual funds […]
Updates
Alarming Rise In Domestic Debt Service
Culled—Proshare March 13, 2017/FBNCapital Research In our second commentary on the DMO’s data release for end-2016, we highlight the alarming increase in FGN domestic debt service (see chart). Payments have soared from N354bn in 2010 to N1.23trn last year. We focus on the domestic payments because they comprise close to […]
Stanbic IBTC Absolute Fund Ends Another Year with Positive Returns
Culled—Proshare March 13, 2017/Quantitative Financial Analytics Stanbic IBTC Absolute Fundmade an 11.5% return for the year ended Dec. 31 2016 and its asset increased by almost a corresponding percentageto N5.33 billion. This information comes from analysis by Quantitative Financial Analytics Ltd, Nigeria’s foremost mutual and pension funds analytics platform. The […]
