mmegi

Bifm sees upsurge in retail investor activity

Seeing expansion: Mathe-Lisenda is eyeing growth in the retail investor segment of the market
Seeing expansion: Mathe-Lisenda is eyeing growth in the retail investor segment of the market

The country’s largest and oldest asset manager, Bifm, says it is experiencing an uptick in retail investor interest in various opportunities available in the market.

Retail investors, the term used for individuals as opposed to institutions or corporates, have traditionally under-participated in the local investment market, due to factors such as cost, financial literacy, and other accessibility issues.

Bifm, which had assets under management of P38.5 billion by December 2022, recently opened an office in Francistown, its first foray outside Gaborone since it was established in 1975.

Editor's Comment
A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

Have a Story? Send Us a tip
arrow up