• Saturday, July 27, 2024
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BusinessDay

Investing public increases service offerings from Investment One

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Investment One Financial Services Limited, a fast growing financial services group, is expanding, growing both organically and through acquisition of already established companies. With three recent acquisitions, Investment One is arguably the fastest growing investment company in Nigeria.

Investment One’s strategic acquisitions to serve its current and potential customers include its latest acquisition of Kakawa Asset Management Ltd (KAML), a former subsidiary of Kakawa Discount House Limited. KAML is registered by Securities and Exchange Commission (SEC) as a corporate investment adviser and fund manager and it is also a dealing member and stockbroking firm at the Nigerian Stock Exchange (NSE).

This acquisition of KAML brought its Kakawa Guaranteed Income Fund (KGIF) into the portfolio of bespoke investment products of Investment One. With the acquisition of KAML and KGIF, the clients and unit holders of the company and fund, respectively, will benefit from the expertise and technical know-how of the Investment One stable.

Investment One Stockbrokers Int’l Limited, a subsidiary of the Investment One Financial Services Limited, has acquired the stockbroking licence of KAML. Investment One stockbrokers is also set to launch an array of services among which is its online trading platform which will facilitate access to trading on the stock market at the investing public’s fingertips. This new service will allow investors place their buy and sell mandates on the go. Investment One Stockbrokers’ arrays of new functions further confirmed its profile as one of the leading stockbroking firmsin Nigeria.

The recently rebased economy of Nigeria has revealed that there is an emerging middle class segment with considerable disposable income. Investment One’s investment education activities which include free seminars for the general public currently cover the FCT, Lagos, Rivers, Kwara, Bayelsa, Imo and Oyo states will be extended to other parts of the country. These investment education activities will inculcate investment consciousness and culture in the mind of the average Nigerian.

As a result of innovative strategy and execution, the assets under management of the company have grown by 1145 percent over a five year period and the company continues to witness increasing clientele. With the plan to optimise these recent acquisitions and the full offerings of the financial services group, Investment One is poised to provide excellent service to its current and potential customer base.

HOPE MOSES-ASHIKE