AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
FIXED INCOME MARKETS Money Market Following some statutory CRR deductions, the opening system liquidity declined by 55.62% to ₦572.69 billion from ₦1.29 trillion yesterday. Nonetheless, the Open Repo Rate (OPR)…
FIXED INCOME MARKETS Money Market Opening system liquidity ballooned to ₦1.29 trillion today, up by 56.78% from ₦823.07 billion yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate…
NIGERIA’S GDP GREW BY 2.54% IN Q3’2023 In Q3’2023, Nigeria’s Gross Domestic Product (GDP) exhibited a year-on-year growth of 2.54%, slightly below the Bloomberg estimate of 2.85%. This growth marked…
FIXED INCOME MARKETS Money Markets System liquidity experienced a shortfall over the week, primarily influenced by the funding of the FGN bond auction. To provide context, there was a 74.96%…
Nigeria’s Headline Inflation Soared to 27.33%, amidst higher input costs and a weaker naira. In October, Nigeria’s year-on-year inflation rose to 27.33%, up from 26.72% in September 2023, contributing an…
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…
FIXED INCOME MARKETS Money Markets System liquidity experienced a decrease this week due to Cash Reserve Ratio (CRR) and Nigerian Treasury Bills (NTB) auction debits. Liquidity declined by 10.48%, moving…
Global Macroeconomic Review In the latest World Economic Outlook, the International Monetary Fund (IMF) expects the global economy to grow at a slower pace due to the impact of the…
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…
FIXED INCOME MARKETS Money Markets System liquidity was impacted by CRR debit and OMO auction funding this week. Accordingly, liquidity declined by 58.26% from ₦894.18 billion to ₦354.46 billion this…
