• Sunday, July 14, 2024
businessday logo

BusinessDay

Aquila Asset Management promotes financial inclusion

Aquila Asset

As part of efforts to promote financial inclusion and to bring more people into capital market through retail investment, Aquila Asset Management limited, a Securities and Exchange Commission (SEC) regulated Firm, is supporting the recently formed Aspire Investment Club.

Consequently, the Club has appointed the Firm to provide amongst others, financial/investment advisory service and where necessary execution and fund management services to its members as individuals.

The Aspire Investment Club is a loose grouping of young professionals who have come together to amongst others take advantage of the present economic climate to build a strong retail platform for sustainable wealth creation.

The vision of the grouping according to Onoalapo Afolabi, acting president of the Club, is to build at full strength a membership of 100,000 young professionals who would be sharing information, investing in various markets individually and building a network of like minded young visioners.

“We are providing the platform with which the grouping can create sustainable wealth”, Joseph Edgar, managing director of the Company said in Lagos.

Edgar was excited at the immense possibilities the project would be bringing to all its stakeholders especially its members and the market generally.

He explained that the Club would be leaning on the popularity of social media and technology to pull in the much needed investible funds to the capital market. It would also give its members and the vast population of young people better insights on the workings of the various investment vehicles available to the discerning investor.

The club which is open to all Nigerians specifically between the ages of 18 and 45 years stand to enjoy low cost investment and access to unique investment opportunities.

Already the Club’s Facebook which aspire investment club and other social media handles have continued to be inundated with queries from prospective members.

 

HOPE MOSES-ASHIKE