Mutual Funds Surge 96.9% As Investors Seek Safety In High-Rate Environment

November 21, (THEWILL) — Nigeria’s mutual fund industry has recorded a 96.9 percent surge in total assets under management (AUM), as tightening monetary policy continues to push investors toward safer, yield-driven investment vehicles. The sharp rise reflects a major shift in investor sentiment, with many reallocating capital from equities and riskier assets into fixed-income funds

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