Top 3 Investments Companies In Nigeria

The words ‘investment company’ continues to pop up regularly in the world of business and economic management, but many people don’t know what an investment company is or what it means to generate wealth through investments. According to Wikipedia, an investment company is a company whose main business is holding and managing securities for investment purposes. Investment companies invest money on behalf of their clients who, in return, share in the profits and losses.

The main business of an investment company is to hold and manage securities for investment purposes, but they typically offer investors a variety of funds and investment services, which include portfolio management, financial record-keeping, custodial, legal, accounting, and tax management services. An investment company can be a corporation, business trust, or limited liability company (LLC), that pools money from investors on a collective basis. The money pooled is invested and the investors share any profits and/or losses incurred by the company according to each investor’s interest in the company. For example, assume an investment company pooled and invested $10 million from a number of clients, who represent the fund company’s shareholders. A client that contributed $1 million will have a vested interest of 10% in the company, which would also translate into any losses or profits earned.

As we are now familiar now what an investment company is let’s dive into Nigerian’s economic atmosphere and list the top 3 investment companies in the country:

1. FBN Quest: FBN Quest is a leading investment companies in Nigerian which comprises sub-categories FBN Capital, FBN Securities, FBN Asset Management, FBN Trustees, FBN Capital Partners and FBN Funds Limited FBN Capital, FBN Securities, FBN Asset Management, FBN Trustees, FBN Capital Partners and FBN Funds Limited. FBNQuest is the unified brand name for the Merchant Banking and Asset Management businesses of FBN Holdings Plc, one of the strongest and most dependable financial service groups in sub-Saharan Africa.

2. Asset & Resource Management Holding Company (ARM): ARM is regarded as Nigeria’s largest non-bank financial institution. ARM is a diversified and integrated asset management Company with primary interest in traditional asset management, and specialised funds across major sectors. ARM currently manages total assets of circa N727billion; has an AA rating from Agusto and Co. and was named Best Fund Manager, Nigeria by Capital Finance International.

3. Lotus Capital: Lotus Capital is a leading Nigerian investment company and a pioneer in the emerging financial niche of Islamic finance with a unique equitable interest-free solution. Islamic Finance is the world’s fastest growing financial sector worth over US$1.3 trillion in assets in 2013 and growing at 15-20% per annum since 2006.

These companies made our list of top 3 because of their track record and viability in the investment management scope of the financial industry in Nigeria.

Olatorera Consultancy Limited provides business development services to high net-worth individuals and companies looking to grow, enter or do business in Africa.