FCMB Asset Management Limited (FCMBAM), the investment arm of FCMB Group Plc, has received a significant rating upgrade from A-(IM) to A(IM) in its Investment Manager rating by Agusto & Co., a leading pan-African credit rating agency.

This upgrade highlights the strong performance and sound operational structure of FCMB Asset Management. Key factors contributing to the improved rating include:

• Strengthened investment management processes
• Robust research capabilities
• Disciplined governance framework
• Experienced decision-making committees

The upgrade also underscores FCMBAM’s strong institutional backing as part of the well-established FCMB Group, one of Nigeria’s most prominent financial services institutions.

CEO’s Remarks on the Upgrade

In response to the rating upgrade, James Ilori, the Chief Executive Officer of FCMB Asset Management Limited, expressed pride and gratitude. He described the upgrade as a validation of the company’s commitment to discipline, transparency, and professionalism in its investment practices.

Ilori stated:

“This upgrade to an A(IM) rating is an important validation of the discipline, transparency, and professionalism that underpin our investment philosophy. It reflects the trust our clients and stakeholders place in us, as well as our continued focus on delivering strong, risk-aware investment outcomes across market cycles.”

He further emphasized that the firm remains dedicated to operating at international standards and creating consistent value for clients through a risk-conscious investment approach.

Investment Solutions and Services

FCMB Asset Management Limited offers a variety of collective investment schemes tailored to different client needs, including:

• Legacy Money Market Fund
• Legacy Debt Fund
• Legacy Equity Fund
• Legacy USD Bond Fund
• FCMB-TLG Private Debt Fund

In addition to these schemes, the company also provides both discretionary and non-discretionary portfolio management services for clients with varying investment objectives. This comprehensive suite of services is designed to cater to clients seeking to preserve capital, generate income, and achieve long-term growth.

Commitment to Excellence

With the upgrade, FCMB Asset Management further solidifies its position as a leader in globally aligned investment management solutions. The firm is committed to offering capital preservation, income generation, and long-term capital growth while maintaining the highest standards in risk management and corporate governance.

The improved rating reinforces FCMBAM’s reputation as a reliable and professional asset manager within the competitive Nigerian financial market.