cambarysu.com

Breaking news and insights at cambarysu.com

NICO Asset Managers Launches Offshore Investment Offering for Clients

NICO Asset Managers has introduced the Offshore Investment Offering with Sanlam Private Wealth to provide high-net-worth clients in Malawi access to global markets, stability, and asset protection. Key highlights include the emphasis on diversifying investments and engaging in international economic opportunities to stimulate growth.

NICO Asset Managers, a subsidiary of NICO Holdings Plc, in collaboration with Sanlam Private Wealth, has introduced a new product known as the Offshore Investment Offering. This offering aims to provide high-net-worth clients with enhanced stability, protection of assets, and opportunities for sustainable growth in the global market.

During the official launch held at Bingu International Conference Centre in Lilongwe, NICO Holdings Limited Managing Director, Vizenge Kumwenda, underscored the importance of expanding investment opportunities. He remarked that this product will engage diverse markets worldwide to bolster client portfolios.

Kumwenda remarked, “Investments are inherently risky by nature… However, the credibility of your partners comes in. We are partnering with Sanlam, one of the top institutions in Africa.”

He assured that this strategic partnership would provide Malawians with investment opportunities characterized by high returns and minimal risks, positing that it is the optimal avenue for integrating Malawi into the global investment arena, which will subsequently stimulate economic growth.

Mark Muller, Head of International Business for Sanlam Private Wealth, articulated that this collaboration will assist Malawians in diversifying their investment portfolios. He noted, “Hard currency tends to maintain its value and provides access to some of the best global investment opportunities.”

Muller highlighted that the partnership would enhance access to global markets, thereby increasing investment growth potential for NICO Asset Managers’ clients.

CEO of NICO Asset Managers, Daniel Dunga, elaborated on the initiative’s significance, emphasizing that it enables clients to connect with global companies. He clarified that offshore investments differ from foreign direct investments, as these investments empower Malawians to access international markets directly.

Sanlam Private Wealth, operational in 31 countries and serving 69 million clients across Africa, started its operations in 2018. The firm has a presence in several African countries including Kenya, Zambia, Zimbabwe, and South Africa.

In summary, NICO Asset Managers, in partnership with Sanlam Private Wealth, has launched the Offshore Investment Offering aimed at providing high-net-worth individuals in Malawi with improved investment opportunities. Strengthened by the credibility of a reputable partner, the initiative promises stability, asset protection, and enhanced access to global markets, ultimately facilitating Malawi’s economic growth. This product offers Malawians a significant chance to diversify their portfolios and engage in international investments.

Original Source: www.nyasatimes.com

Omar Hassan

Omar Hassan is a distinguished journalist with a focus on Middle Eastern affairs, cultural diplomacy, and humanitarian issues. Hailing from Beirut, he studied International Relations at the American University of Beirut. With over 12 years of experience, Omar has worked extensively with major news organizations, providing expert insights and fostering understanding through impactful stories that bridge cultural divides.

Leave a Reply

Your email address will not be published. Required fields are marked *