BGL Asset Management Limited, a wholly owned subsidiary of BGL Plc was incorporated on April 3, 2007 as a private limited liability company. It is designated to act as asset manager for the holders of shares, stocks, debenture stocks, bonds, loans, trusteeship or other obligations or securities and generally to undertake and execute asset management function for both public and private clients. Since incorporation over a year ago, the company has built a reputation for passionately and professionally executing briefs to deliver the best value to its prospective clients and alliances. By combining institutional caliber analytics with customised advice and service, we deliver solutions that help our clients achieve their financial goals across key facets of their lives and optimise risk adjusted returns on their investment. With a commencement capital base of N4 billion, assets under management in excess of N85 billion, and an increasing loyal client base of individuals and institutions (local and international); BGL Asset Management is poised to becoming the preferred provider of asset management services in Nigeria.
The Subsidiary offers several products including:
1. BGL Corsica Fund: The BGL Corsica Fund is BGL’s first private real estate investment fund. The Fund will invest in various real estate development projects across Nigeria with an initial focus on strategic locations across Lagos e.g. Ikoyi, Victoria Island and Lekki.
The Fund will pay a guaranteed return of 20% per annum p.a. to all investors who retain their investments in the fund for a lock-in period of 18 months and beyond.
2. BGL Pegasus Fund: BGL Pegasus Fund is a private fixed income product that is designed for investors that require capital safety and current income. The primary objective of the Fund is to provide investors with a competitive income stream while preserving their capital.
Features of the Fund
- Principal is guaranteed
- A competitive graduated interest rate to be provided on demand
- Rate on investment is guaranteed
- The guaranteed rate of return is not subject to withholding tax.
- Parents/Guardians have an opportunity of investing on behalf of minors thus effectively inculcating the culture of investment in their wards.
- No management fee charged
- Subscribers will have easy access to liquidity whenever they choose to dispose of their holdings in the Fund.
3. Funds Advisory: For investors who seek ongoing advice on how best to design a personalized investment strategy, we offer our Funds Advisory Service. With this service, a dedicated Fund Advisor initiates an in-depth discovery process to gain a deeper understanding of the client’s financial situation, define their objectives and build a customized long term investment strategy.
We ensure that the clients specific investment objective and risk tolerance level are fully understood and our investment decisions are made after a thorough understanding of the clients preferences.
4. BGL Asset Management Program: A long term capital market focused portfolio, for clients looking for long term investments, with appetite for capital appreciation.
5. BGL Proprietary Trading Program: Investors looking to take advantage of market opportunities to aggressively grow the size of their portfolios.