Coremars Asset Management Limited has launched a ₦1 billion Money Market Fund following regulatory approval from Nigeria’s Securities and Exchange Commission. The fund gives individuals, businesses, corporates and institutional investors access to professionally managed money market instruments, with a focus on capital preservation, liquidity and income. The launch marks Coremars’ entry into Nigeria’s collective investment scheme market and forms part of its plans to build a broader asset management platform.
Key Overview
- Coremars Asset Management Limited has launched a ₦1 billion Money Market Fund.
- The fund received approval from the Securities and Exchange Commission.
- It targets individuals, businesses, corporates and institutional investors.
- The fund focuses on capital preservation, liquidity and income.
- The ₦1 billion offer is the starting point for Coremars’ expansion strategy.
- The company plans to strengthen its investment capabilities and institutional relationships.
Coremars Enters Nigeria’s Mutual Fund Market
Coremars Asset Management Limited has entered Nigeria’s collective investment scheme market with the launch of its first major mutual fund, the Coremars Money Market Fund.
According to MSME Africa, the company has launched a ₦1bn money market fund aimed at individuals, businesses and institutional investors seeking short-term investment opportunities.
The fund follows regulatory approval from Nigeria’s Securities and Exchange Commission (SEC), marking a new phase in Coremars’ development as an asset management business.
A ₦1 Billion Starting Point
The fund has an initial offer size of ₦1 billion. Coremars said this provides a defined starting point as it seeks to establish the fund within Nigeria’s competitive asset management industry.
BusinessDay reports that the fund is designed to provide investors with access to a professionally managed portfolio of money market instruments, with a focus on capital preservation, liquidity and income.
For Coremars, the launch goes beyond introducing a new investment product. It represents a move from building the infrastructure of its asset management business towards developing investment products and expanding relationships with clients and institutions.
Managing Director Olawale Adebayo described the launch as a defining milestone for the company, while highlighting disciplined investment management, strong governance and consistent client service as priorities.
Targeting Individual and Institutional Investors
The Coremars Money Market Fund is designed for a broad investor base.
The target market includes individuals, businesses, corporates and institutional investors looking for professionally managed solutions for short-term funds.
MSME Africa reports that the fund is intended to attract corporate and institutional investors seeking professional management of surplus cash and short-term liquidity.
This institutional focus is also highlighted by Coremars’ Head of Institutional Sales, Adetutu Awojobi. She said businesses and institutions are increasingly focused on how they manage liquidity and are looking for solutions that are professionally managed, transparent and aligned with their financial requirements.
The company intends to use the fund as a platform for building longer-term institutional relationships.
Building a Broader Investment Platform
The launch is part of Coremars’ wider strategy to develop a broader investment management platform in Nigeria.
BusinessDay reports that the company plans to strengthen its investment capabilities, expand its range of solutions and deepen relationships with individual, corporate and institutional clients.
The company’s immediate priorities include establishing the fund, attracting and retaining investors and maintaining the investment and governance standards needed to support sustainable growth.
According to Consumer Halla, the launch represents a significant development in Coremars’ expansion strategy as it builds its presence within Nigeria’s investment management industry.
Context is everything. Stay ahead of shifting trends with today’s market updates, and uncover emerging opportunities using the Serrari Group Market Index and Marketplace. Then, take control of your own financial future by exploring our Money & Life Reset Transformation Blueprint ™ to build stronger habits, create better systems, and design a path toward lasting wealth.
Focus on Liquidity and Professional Management
Money market funds are designed to provide investors with professionally managed exposure to short-term money market instruments.
For Coremars, the new fund provides a vehicle for investors seeking to manage short-term funds while maintaining a focus on liquidity, income and capital preservation.
The company said its broader strategy is not limited to expanding the number of products it offers. It also plans to build around investment discipline, institutional relationships and client service.
The ₦1 billion initial offer therefore serves as the foundation for a longer-term effort to establish Coremars as a broader asset management institution.
What Comes Next for Coremars?
Coremars has indicated that the Money Market Fund is the first step in its longer-term ambition to build an asset management institution capable of managing increasingly significant pools of capital.
The company will now focus on attracting investors, strengthening institutional relationships and developing its investment management capabilities.
The fund also gives Coremars an opportunity to expand its engagement with businesses and institutions that need professionally managed solutions for surplus liquidity.
As the company develops its broader investment platform, the performance of the fund and the quality of its investment and governance processes will be important areas for investors to watch.
Outlook
The launch of the Coremars Money Market Fund marks the company’s entry into Nigeria’s collective investment scheme market and provides a new professionally managed option for investors seeking exposure to money market instruments.
With an initial fund size of ₦1 billion, Coremars is starting with a defined platform from which it plans to attract individual, corporate and institutional investors.
The company’s longer-term strategy extends beyond the new fund, with plans to expand its investment solutions, strengthen institutional relationships and build a broader asset management business.
FAQs
1. What is the Coremars Money Market Fund?
It is a professionally managed money market fund launched by Coremars Asset Management to provide investors with access to money market instruments while focusing on capital preservation, liquidity and income.
2. How large is the Coremars Money Market Fund?
The fund has an initial offer size of ₦1 billion.
3. Who is the fund targeting?
The fund targets individuals, businesses, corporates and institutional investors seeking professionally managed solutions for short-term funds and liquidity management.
4. Why is the launch important to Coremars?
The launch marks Coremars’ entry into Nigeria’s collective investment scheme market and forms part of its broader strategy to develop investment products, strengthen institutional relationships and build its asset management platform.
Sources: MSME Africa | BusinessDay | Consumer Halla
Your financial future isn’t something you wait for—it’s something you build.
The real question is: when do you begin?
Move beyond simply staying informed.
Navigate the markets with clarity—track trends through the Serrari Group Market Index, uncover opportunities in the Serrari Marketplace, and build practical knowledge with our Curated Wealth Builder Platform.
Stay connected to what truly matters.
Get daily insights on macro trends and financial movements across Kenya, Africa, and global markets—delivered through the Serrari Newsletter.
Growth opens doors.
Advance your career through professional programs including ACCA, HESI A2, ATI TEAS 7 , HESI EXIT , NCLEX – RN and NCLEX – PN, Financial Literacy!🌟—designed to move you forward with confidence.
See where money is flowing—clearly and in real time.
Track Money Market Funds, Treasury Bills, Treasury Bonds, Green Bonds, and Fixed Deposits, alongside global and African indexes, key economic indicators, and the evolving Crypto and stablecoin landscape—all within Serrari’s Market Index.
