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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

Have a Story? Send Us a tip
arrow up