RMBN Money Market Fund Achieves ‘A+’ Rating Upgrade

RMB Nigeria Asset Management announced that its RMBN Money Market Fund has achieved a two-notch upgrade to an ‘A+’ credit rating from Agusto & Co. This upgrade underscores the fund's strong credit quality and liquid position, as well as its disciplined investment management approach.

Kike Mesubi, the Chief Executive Officer of RMB Nigeria Asset Management, described the upgrade as an affirmation of the fund's consistent performance and disciplined investment strategy. Mesubi emphasized the fund's long-standing objective to deliver sustainable value while balancing risk and return to serve clients in the long term.

She noted that the improved rating would further enhance investor confidence in the fund and support RMBN's broader efforts to deepen its asset management offerings. Mesubi expressed pride in this progress, indicating that the rating upgrade is part of a longer journey to leverage a global network and local market expertise to support client growth.