In Nigeria's financial services landscape, asset management was once reserved for institutions, high-net-worth individuals, and sophisticated investors.
However, over the past decade, the industry has undergone a significant transformation, becoming more inclusive.
Barriers such as high entry thresholds, limited product variety, and inadequate awareness are being addressed, allowing ordinary households, young professionals, and small business owners to access structured investment vehicles.
Technology is also playing a key role in bridging the gap between institutional expertise and retail demand, with more products! being designed with inclusivity in mind.
The Nigerian asset management industry is becoming mainstream, with more Nigerians gaining access to investment opportunities.
Author's summary: Asset management in Nigeria is becoming more inclusive.