FCMB Asset Management Rating Upgraded to A(IM) by Agusto & Co. Reflecting Strong Institutional Backing

FCMB Asset Management Limited, a subsidiary of FCMB Group Plc, has received an upgraded rating of A(IM) from Agusto & Co. The rating upgrade signifies the company's continuous strengthening of its investment management processes, robust research capabilities, disciplined governance framework, and experienced decision-making committee.

FCMB Asset Management Limited manages various investment schemes and provides discretionary and non-discretionary portfolio management services to individual and institutional clients. The firm aims to support capital preservation, income generation, and long-term capital growth while maintaining high standards of risk management and governance.

FCMB Asset Management Limited was established in 1997 and is licensed by the Securities and Exchange Commission (SEC) Nigeria.