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Custodian Investment Launches Asset Management Subsidiary with N20bn Money Market Fund

Custodian Asset Management Limited (CAML), a subsidiary of Custodian Investment Plc, has officially commenced operations with the launch of its inaugural N20 billion Money Market Fund. The fund, consisting of 20 billion units priced at N1 each, aims to provide investors with high-quality, short-term investment instruments focusing on capital preservation and liquidity. The launch was formalized at a signing ceremony in Lagos, attended by key regulatory and professional advisers. Licensed by the Securities and Exchange Commission, CAML intends to leverage the parent company’s group infrastructure to expand its presence in the Nigerian investment management market.

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