My people, hear this hot gist wey just land from Agusto & Co, the credit rating people! Dem don upgrade Coronation Asset Management Limited rating from A- to A. Na serious improvement for them risk management dem dey yan about o!
This upgrade no be small matter, e go expire for 31 December 2026, and e show say dem don polish their operational powers well well. Even dem say dem don check everything well, like research capabilities, investment processes, risk oversight and all those big big governance matter. Na so dem carry this upgrade come; dem dey make sure say dem dey manage risk well, plus dem get better technology wey fit handle all these things.
You go fit believe say Coronation Asset Management don do better even for their money matter. Between December 2024 and November 2025, dem assets under management don increase by 128 percent! From N19.67 billion wey dem get before, now dem don reach N73.77 billion for collective investment scheme. Money Market Fund self don climb from N9.26 billion to N62.1 billion – gaddamn!
Agusto & Co. talk sey this upgrade nah because of the tech wey Coronation don bring in – dem get this enterprise-wide Governance, Risk and Compliance (GRC) tool wey dey help them monitor things well, and dem dey fit check risk zat now now before e go spoil!
Plus, dem don re-arrange their board well well, as dem get five independent non-executive directors wey dey handle all the committees. This one go make sure sey dem be serious about governance and dem no dey slack for any risk taking matter.
With this kind upgrade, na so dem fit make investors plus regulators dey smile because everybody dey find people wey fit manage money sabi-sabi without wahala. So, na true, Coronation Asset Management dey take big step to show sey dem be the real deal for Nigeria’s institutional-grade asset management scene!
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