FBNQuest Asset Management, a subsidiary of FBN Holdings Plc., has been awarded an “A+” rating by Agusto & Co. Limited. This rating reflects the firm’s strong financial position, robust risk management practices, and impressive operational performance.
Agusto & Co., a leading rating agency in Nigeria, issued the rating in a recent report. The recognition underscores FBNQuest Asset Management’s commitment to providing exceptional investment services to its clients through a diverse range of products and services tailored to meet their needs.
“We are delighted to receive this ‘A+’ rating from Agusto & Co.,” said Ike Onyia, Managing Director of FBNQuest Asset Management.
he noted that the recognition validates the company’s expertise in investment portfolio management and the achievements we have realized over the years. It is a testament to our well-defined business strategies and the dedication of our skilled workforce.”
FBNQuest Asset Management was also recognized as the Best Asset Manager at the 2024 EMEA African Banker Awards. The organization leverages its strong research capabilities and cutting-edge technology to provide clients with valuable insights and advice.
“Our mutual funds offer diverse investment options across equities, bonds, and money market instruments, enabling us to create unique and value-enhancing investment strategies for different client segments,” added Onyia.
Agusto & Co. is a Pan-African leader in credit ratings, with a broad client base relying on their ratings as benchmarks for business success.