The number of unit trust holders in Uganda has significantly increased, according to the latest financial year results released by the Old Mutual Investment Group (OMIG).
Banking
The company recorded a 67% rise in total unit holders, growing from 30,165 to 50,416 investors. This growth has been attributed to improved investor literacy and the increasing accessibility of collective investment schemes in the country.
“We’re especially proud that over 20,000 new investors joined our unit trust products in just one year. This speaks to the growing awareness and accessibility of investment solutions in Uganda,” said Zac Kisesi, the OMIG managing director.
Kisesi reaffirmed the company’s commitment to innovation, governance, and delivering consistent returns across all investor categories. According to John Golooba, chief financial officer at OMIG, the firm’s total assets under management (AUM) rose by 43% to Shs 2.407 trillion.
Read more…..
