First Asset Management, a leading investment firm in Nigeria and a subsidiary of First HoldCo Plc, has officially launched the FBN Blended Dollar Fund, a pioneering financial product designed to optimize investor earnings through a strategic combination of US equity investments and high-value assets domiciled in Nigeria. This move marks a significant expansion for the company into the global financial markets, reinforcing its commitment to providing investors with diversified opportunities to maximize returns.

The announcement was made during the latest installment of the First Asset Management Leading Conversations Webinar Series, a platform designed to bring together financial experts to discuss key investment trends and opportunities. The session, moderated by renowned journalist Omohefe Osemere, featured an esteemed panel of industry specialists, including Laura Fisayo-Kolawole, Head of Equities & Alternative Asset Management at First Asset Management; Robert Hageneers, Head of Markets at FirstBank UK; Gbolahan Ologunro, Portfolio Associate at First Asset Management; and Dr. Ayodeji Akamu, Research Associate for Energy & International Economics at First Bank of Nigeria Limited.

A New Era for Nigerian Investors: The Significance of the FBN Blended Dollar Fund

During the discussion, First Asset Management executives detailed the strategic importance of the FBN Blended Dollar Fund, emphasizing its potential to help investors navigate an increasingly dynamic global financial environment. The fund is the first of its kind in Nigeria’s equity market, offering a unique approach to portfolio diversification by blending exposure to US stocks with stable investments in Nigeria.

With economic volatility continuing to shape investor sentiment worldwide, the fund is particularly relevant for individuals and institutional investors seeking to hedge against inflation, manage currency risk, and gain access to lucrative foreign investment opportunities. This innovative product represents a step forward in providing Nigerian investors with financial solutions that align with global market trends while leveraging local economic strengths.

Global Market Insights: The Impact of US Trade Policies on Investment Strategies

One of the central themes of the webinar was “Blending Returns in a Dynamic Global Environment: Navigating Trump’s Trade Agreement.” Panelists provided insights into the evolving global investment landscape, particularly in light of former US President Donald Trump’s economic policies, which are expected to shape international trade and investment flows.

Laura Fisayo-Kolawole shared her perspective on how Trump’s recently announced high tariffs on imports, which take effect from April 2, 2025, might impact both US and global equity markets. While aimed at protecting local industries and boosting economic growth, these tariffs introduce a new layer of uncertainty for international investors. The discussion highlighted that while Trump’s first-term policies had a mixed impact on markets, the long-term effects of his latest trade measures remain uncertain. For Nigerian investors, such geopolitical developments underscore the importance of a diversified investment approach, making the FBN Blended Dollar Fund an attractive option.

Navigating Nigeria’s Investment Climate: Why the Time is Right for This Fund

Beyond global trade considerations, the webinar also explored the current investment climate in Nigeria. The country has seen a notable shift in investor confidence, driven by several factors:

• Improvements in monetary policy which have helped stabilize the economy.
• Increased domestic crude oil production, strengthening Nigeria’s revenue base.
• Growth in non-oil revenue, supported by higher VAT collections and customs duties.

These economic tailwinds provide a solid foundation for investment, and First Asset Management is positioning the FBN Blended Dollar Fund as a key vehicle for investors looking to capitalize on these opportunities while mitigating risks associated with currency fluctuations and inflation.

A Versatile Investment Solution for Growth-Focused Investors

Ike Onyia, Managing Director at First Asset Management, underscored the versatility of the FBN Blended Dollar Fund, highlighting its potential to serve a broad spectrum of investors. The fund’s composition—20% allocation to US equities and 80% to a mix of fixed-income instruments, money market securities, and Eurobonds domiciled in Nigeria—offers a well-balanced investment approach that combines growth potential with financial stability.

“This fund is structured to deliver competitive returns while providing liquidity and minimizing risk exposure,” Onyia explained. “With the ongoing global economic shifts, we are excited to offer a unique opportunity for Nigerian investors to position themselves strategically within both local and international markets.”

With the launch of the FBN Blended Dollar Fund, First Asset Management is breaking new ground in the Nigerian investment industry. By introducing a product that bridges local and international markets, the firm is not only expanding its footprint but also empowering Nigerian investors with tools to navigate an increasingly interconnected financial world.

The fund’s launch comes at a time when economic uncertainties and market fluctuations make diversified investment strategies more critical than ever. Through initiatives like the Leading Conversations Webinar Series, First Asset Management continues to foster thought leadership and equip investors with the insights needed to make informed financial decisions.

As the investment landscape evolves, the FBN Blended Dollar Fund stands as a testament to First Asset Management’s commitment to innovation, investor empowerment, and long-term financial growth.