The management of FBNQuest Asset Management, a member of the FBN Holdings Plc group, recently urged Nigerians in Diaspora to take advantage of numerous investment opportunities available in the country.
Addressing a Global Development Conference in London, which offered a rare opportunity for Nigerians in diaspora to engage in constructive and interactive sessions with key decision makers across different industries in Nigeria, the company urged stakeholders to partner on investment schemes.
One of such schemes is the $20m Diaspora Housing Investment Fund described as a closed end investment fund to be privately placed and constituted under a Trust Deed with a suitable Commercial Trustees to be selected.
The fund is to be established through the issuance of the similitude of a real estate investment trust scheme which will provide opportunities for individual and institutional investors to participate in the Nigerian real estate sector.
Participants at the event, the statement said, examined the intersections between investment in human capital, natural resources, entrepreneurship, innovation and technology in Nigeria.
As one of the major sponsors of the conference, FBNQuest Asset Management called on Nigerians in Diaspora to offer strategic expertise in their various endeavours to impact the country with knowledge and financial capacity, especially by way of investment. Speaking during the conference, Managing Director, FBNQuest Asset Management, Ike Onyia told participants “We want to partner with the Diaspora community through NIDO and its members. As a member of one of the leading financial services groups in Africa, we are well-positioned to serve the diaspora community professionally and to ensure their aspirations in the area of maximising investment returns are fulfilled.”