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Bifm sees upsurge in retail investor activity

Friday, April 28, 2023 | 230 Views |

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.

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Bifm sees upsurge in retail investor activity

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.