AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
OVERVIEW AIICO Eurobond Fund is an open-ended Dollar denominated mutual fund, strategically investing in high-quality Nigeria sovereign & non-sovereign Eurobonds and in investment-grade money market instruments. INVESTMENT OBJECTIVES The investment…
OVERVIEW AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Net-worth Clients (HNC) for the purpose of investing…
OVERVIEW AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments and both Quoted and Unquoted equities. INVESTMENT OBJECTIVE The investment objective of the…
Global Macroeconomic Review United States: May was ushered in with the third Federal Open Market Committee meeting for 2024 on April 30th and May 1st. At the meeting, the policymakers…
FIXED INCOME MARKETS MONEY MARKETS System liquidity alternated between surplus and deficit balances throughout the week. Overall, by the end of the week, system liquidity opened in a deficit at…
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved to ₦29.66 billion from -₦85.37 billion yesterday. Consequently, the Open Repo Rate (OPR) declined by 43 bps to 29.25%, while the Overnight…
FIXED INCOME MARKETS MONEY MARKETS System liquidity fell into negative territory as it opened at -₦85.37 billion from ₦345.29 billion yesterday due to the OMO auction debit. As a result,…
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened positively today at ₦345.29 billion, a significant increase from the -₦79.51 billion reported yesterday. Overall, the Open Repo Rate (OPR) decreased by…
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity fell back to a deficit region at -₦79.51 billion from ₦80.71 billion reported last week Friday. Overall, the Open Repo Rate (OPR)…
FIXED INCOME MARKETS MONEY MARKETS After starting the week with a negative balance, system liquidity improved mid-week due to inflows from FX Swap maturities. However, the OMO auction absorbed liquidity…
