FCMB Asset Management Upgraded to A(IM) Rating by Agusto & Co., Strengthening Investor Confidence

FCMB Asset Management Limited (FCMBAM), the asset management arm of FCMB Group Plc, has received a significant rating upgrade from A-(IM) to A(IM) by Agusto & Co., one of Africa’s leading credit rating agencies. The upgrade reflects the firm’s strengthened investment processes, robust research capabilities, and disciplined governance framework, reinforced by the institutional backing of FCMB Group.

The improved rating underscores FCMBAM’s commitment to delivering risk-aware investment outcomes while maintaining international standards. The firm manages a wide range of Collective Investment Schemes, including money market, debt, equity, USD bond, and private debt funds, demonstrating its capacity to provide diversified and professionally managed investment solutions.

Commenting on the achievement, CEO James Ilori stated, “This upgrade to an A(IM) rating is an important validation of the discipline, transparency, and professionalism that underpin our investment philosophy. It reflects the trust our clients and stakeholders place in us and our commitment to delivering strong, risk-aware outcomes across market cycles.”

Beyond collective investment schemes, FCMBAM also provides discretionary and non-discretionary portfolio management services tailored to meet varying client objectives. The firm continues to focus on globally aligned investment solutions that support capital preservation, income generation, and long-term growth, strengthening its position as a trusted asset manager in Nigeria’s financial ecosystem.

Established in 1997, FCMB Asset Management is a licensed member of the Securities and Exchange Commission, Nigeria, and a subsidiary of FCMB Group Plc, a leading financial services holding company. The rating upgrade from Agusto & Co. reinforces FCMBAM’s reputation as a reliable and professional investment manager for both individual and institutional investors.

source: nairametrics