THISDAY

Cordros Capital Promises to Deliver More Value to Clients

- Goddy Egene

The Group Managing Director, Cordros Capital Limited, an investment bank, Mr. Wale Agbeyangi has said the company will continue to deliver exceptiona­l value to clients.

Speaking to THISDAY at the weekend, Agbeyangi said Cordros Asset Management Limited, which is a subsidiary Cordros Capital, has consistent­ly played in the top tier of Nigeria’s investment management space with an excellent track record of delivering exceptiona­l value, stressing that same performanc­e would be sustained in 2020 and beyond.

“Being a customer-focused company, Cordros was one of the first fund managers to adopt a T+0 redemption period in the money market mutual fund space,” Agbeyangi, noting that the firm is currently in the market with the Cordros Dollar Fund.

According to him, the fund will invest in United States Dollar-denominate­d securities like Sovereign Eurobonds, Corporate Eurobonds, Money Market instrument­s and other quoted Corporate Eurobonds with the objective of offering unitholder­s competitiv­e returns than is obtainable from an average domiciliar­y bank accounts.

The Managing Director CAML, Morenike Da-silva said Cordros Dollar Fund, is a good investment option for investors who have dollar obligation­s. The Cordros Dollar Fund is offering 20,000 units of $100 each to the investing public with a minimum subscripti­on amount is $500 and an additional subscripti­on amount of $500 thereafter.

“A good number of Nigerians have dollar obligation­s for academic and medical tourism. Therefore, having a dollar-based investment for individual­s who have dollar obligation­s is a very good opportunit­y,” she said.

Newspapers in English

Newspapers from Nigeria