Led By Nigerian Banker Peter Ashade, Aum Jumps 31 Percent To $197 Million In H1 2024

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led by nigerian banker peter ashade aum jumps 31 percent to 197 million in h1 2024

United Capital Plc, the pan-African financial services group headed by Nigerian investment banker Peter Ashade, has announced a remarkable growth in its Assets Under Management (AUM) for H1 2024, posting a 31-percent increase year-to-date, reaching an impressive N152 billion ($197 million) as of June 30, 2024

This was revealed at the groups investor and analysts call on Tuesday.

Client engagement and trust portfolio growth

Peter Ashade highlighted the company's outstanding performance, emphasizing the surge in AUM by 152 percent year-to-date, reaching N329 billion ($427 million) as of 30th June 2024.

This growth was driven by client engagement and a detailed revamp of the company's financial planning packages, designed to cater to clients' pre-retirement and retirement financial plans.