Parthian Capital Limited, the asset management subsidiary of the Parthian Group, has launched two investment funds, the Parthian money market fund and the Parthian dollar fixed income fund.
In a statement on Wednesday, the company said the investment funds aim at providing secure and tailored financial solutions to investors while fostering long-term wealth preservation and growth.
Speaking at the launch, Oluseye Olusoga, group managing director (GMD) of Parthian Group, underscored the crucial role of the capital market in Nigeria’s economic development.
“The capital market is the backbone of Nigeria’s economy,” he said.
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“Our new funds are engineered to create long-term value and protect wealth for a diverse range of investors, retail, high-net-worth, and institutional alike. With these funds, we are providing the financial tools that will drive sustainable growth.”
Adedotun Sulaiman, chairman of Parthian Group, also emphasised the importance of investments in economic growth, noting that “capital is the oxygen of the economy, and without capital, we can’t go very far”.
Ibilola Ashcroft, acting managing director of Parthian Capital Limited, expressed excitement about the introduction of the new funds, describing them as strategic financial instruments tailored to meet investors’ evolving needs.
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“Each fund is meticulously structured to provide secure, dependable, and diversified investment solutions that align with our clients’ financial aspirations,” Ashcroft said.
“The Parthian Money Market Fund is designed to offer competitive returns while minimizing risk, allowing investors to optimise their portfolios without compromising on safety.
“Our team is dedicated to delivering personalised strategies that empower our clients to reach their financial goals.”
According to the company, the Parthian money market fund is a low-risk, open-ended investment vehicle focused on capital preservation and steady income generation.
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“It offers investors a secure way to manage cash through diversified investments in short-term money market instruments,” Parthian Capital said.
“Meanwhile, the Parthian Dollar Fixed Income Fund enables investors to diversify their portfolios with dollar-denominated securities, serving as an effective hedge against Naira depreciation while providing attractive returns.”
The company said the formal launch event brought together key stakeholders, investors, and industry leaders to celebrate the milestone and gain insights into Parthian Capital’s innovative approach to wealth management.
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