
Stanbic IBTC Asset Management has a strong presence in the Nigerian market, with a long history dating back to 1989. The company is a subsidiary of Stanbic IBTC Holdings, a leading financial services provider in Nigeria.
Stanbic IBTC Asset Management offers a range of investment solutions to suit different client needs, including pension management, retirement savings, and other investment products. The company's expertise in asset management is evident in its ability to manage over N1.5 trillion in assets.
The company's market position is further strengthened by its affiliation with Stanbic IBTC Holdings, which has a strong network of branches and a large customer base. This affiliation provides Stanbic IBTC Asset Management with access to a wide range of resources and expertise.
Achievements and Milestones
Stanbic IBTC Asset Management has achieved a significant milestone by surpassing the ₦1 trillion asset under management threshold. This remarkable feat is a testament to the company's dedication to innovation and nurturing client relationships.
The company's Chief Executive, Busola Jejelowo, attributes the achievement to the trust and support of its clients, partners, and stakeholders. She emphasizes that the real win is empowering clients to achieve their financial goals and creating a legacy of financial prosperity.
The company's commitment to excellent service delivery is evident in its promise to continue innovating and deploying cutting-edge investment strategies. This ensures that clients receive tailored investment solutions that evolve in tandem with their needs.
Here are some key achievements and milestones of Stanbic IBTC Asset Management:
- Reaching the ₦1 trillion asset under management threshold
Competitors and Alternates
Stanbic IBTC Asset Management has several competitors and alternates in the market. FIS1968, a company acquired by private investors, takes the top spot with a Tracxn score of 70/100.
FIS1968 has received a significant amount of funding, with investors including TPG and New Enterprise Associates. Its software suite for banks and financial institutions is a notable offering in the market.
ION Group, a treasury management solutions provider, ranks second with a Tracxn score of 69/100. The company has secured $400M in funding from investors like The Carlyle Group and TA.
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StoneX, a trade execution solutions provider, is a public company with a Tracxn score of 58/100. It has partnered with CTA Financial to offer its services.
SimCorp, a front and back-office solutions provider, is an acquired company with a Tracxn score of 58/100. It has received investment from Juno Investment Partners.
Here's a list of the top 5 competitors and alternates in the market:
These companies offer a range of services, from software suites to treasury management solutions, and have received significant funding from investors.
Other Ratings
We've got some impressive ratings to share with you. Stanbic IBTC Money Market has an Aa-(f) rating, while Stanbic IBTC Asset Management boasts an AA(IM) rating.
These ratings indicate a high level of financial stability and creditworthiness. Stanbic IBTC Asset Management's AA(IM) rating suggests they have a very strong capacity to meet their financial commitments.
DLM Capital Group Limited has a Bbb rating, which is a lower rating compared to the others mentioned. United Capital Plc and LECON Finance Company Limited both have A- ratings, showing a strong level of financial health.
Here are the ratings in a quick reference list:
- Stanbic IBTC Money Market: Aa-(f)
- Stanbic IBTC Asset Management: AA(IM)
- DLM Capital Group Limited: Bbb
- United Capital Plc: A-
- LECON Finance Company Limited: A-
Reach New Heights
Stanbic IBTC Asset Management has reached a monumental milestone by surpassing ₦1 trillion in asset under management. This achievement is a testament to their dedication to innovation and nurturing client relationships.
Their Chief Executive, Busola Jejelowo, attributes the success to the trust and support of their clients, partners, and stakeholders. She emphasizes that their clients' belief in their capabilities has fueled their journey and their success stories are the true measure of their achievement.
As a leading investment and wealth management firm, Stanbic IBTC Asset Management Limited offers a comprehensive suite of services, including asset management, portfolio optimization, retirement planning, and estate planning. Their team of seasoned experts leverages advanced technology, innovative strategies, and a customer-centric approach to deliver tailored investment solutions.
Their goal is to provide clarity and confidence in financial decisions, helping clients navigate life's milestones with ease. By choosing Stanbic IBTC Asset Management Limited, clients gain access to a world-class investment and wealth management platform.
- Investment and Wealth Management
Frequently Asked Questions
What is the interest rate for Stanbic Money Market Fund?
The Stanbic Money Market Fund offers an annualized yield of 15.12 percent, with management fees up to 2 percent. This translates to a net return for investors.
Is Stanbic IBTC an investment bank?
Yes, Stanbic IBTC is an investment bank with a leading franchise in Nigeria, registered with the Nigerian Securities and Exchange Commission (SEC). As an issuing house and underwriter, Stanbic IBTC provides a range of investment banking services.
What are the benefits of Stanbic iBTC mutual funds?
The Stanbic IBTC Money Market Fund offers a relatively low-risk investment with higher returns than traditional savings accounts, preserving your capital while generating a steady income. It's an attractive option for those seeking a stable and income-generating investment.
Sources
- https://tracxn.com/d/companies/stanbic-ibtc-asset-management/__7fyX41aok56cXcKJCf2lyh2x0nXu4iyGOIRJrbyaERo
- https://connectciti.com/portharcourt/place/investment-and-wealth-management/stanbic-ibtc-asset-management-limited-port-harcourt/
- https://orientalnewsng.com/stanbic-ibtc-asset-management-surpasses-%E2%82%A61-trillion-aum/
- https://businesspost.ng/economy/stanbic-ibtc-asset-management-moves-to-protect-mutual-fund-holders/
- https://www.agusto.com/ratings/agusto-co-affirms-the-aaim-rating-assigned-to-stanbic-ibtc-asset-management-limited/
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