First Asset Management Limited has been honoured with the 2024 Fund Manager of the Year Award, a prestigious recognition of the company’s outstanding performance, innovation, and consistency in delivering exceptional value to investors across its managed funds.

The award, presented by the Nigerian Investment Review Committee at this year’s Financial Excellence Awards in Lagos, celebrates excellence in fund management, transparency, risk management, and return on investment. First Asset Management emerged as the top contender among over 50 industry participants, following rigorous assessments by an independent panel of experts.

Speaking at the event, Ike Onyia, Managing Director/Chief Executive Officer, First Asset Management Limited, expressed gratitude for the recognition, noting that the award validates the firm’s commitment to investor-first strategies and disciplined portfolio management.

“This award is a testament to the hard work of our team and the trust our clients place in us,” he said. “We remain focused on delivering sustainable returns and maintaining the highest standards of fiduciary responsibility.”

Industry analysts attributed First Asset Management’s edge to its innovative approach, use of data analytics in portfolio construction, and strong compliance culture. The firm has delivered consistent returns across its equity, fixed income, and multi-asset funds in a volatile market environment, setting a benchmark for excellence in Nigeria’s asset management industry.

With billions in assets under management and a growing base of retail and institutional clients, First Asset Management continues to be a key player in driving capital formation and financial inclusion in Nigeria.