Asset Management in Nigeria: A Shift Towards Inclusivity
In Nigeria's financial services landscape, asset management was once reserved for institutions, high-net-worth individuals, and sophisticated investors.
However, the industry has undergone a significant transformation over the past decade, driven by the introduction of more inclusive products and the leveraging of technology to bridge the gap between institutional expertise and retail demand.
Barriers such as high entry thresholds and limited product variety are being addressed, allowing ordinary households, young professionals, and small business owners to access structured investment vehicles.
The Nigerian asset management industry is becoming more mainstream, with more Nigerians gaining access to investment opportunities.
- High entry thresholds are being lowered
- More products are being designed with inclusivity in mind
- Technology is increasing access to investment opportunities
Author's summary: Nigeria's asset management industry is becoming more inclusive.
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