United Capital Asset Management Launches Children Investment Fund; A Key Vehicle for Long-Term Financial Planning

United Capital Asset Management (UCAML), a leading asset management company and subsidiary of United Capital Group, has announced the official launch of its latest mutual fund, The Children Investment Fund (CIF), at an event held at the Wheatbaker Hotel, Lagos.

The Children Investment Fund is a naira-denominated, open-ended mutual fund designed to provide Nigerian families with access to long-term investment opportunities tailored to key milestones in a child’s life such as education, healthcare, and future capital needs. By offering a disciplined, professionally managed investment vehicle, the fund empowers parents and guardians to build lasting financial security for their children.  

Dr. Odiri Oginni, Managing Director/CEO of United Capital Asset Management, highlighted the importance of starting early when it comes to building wealth for the next generation.

“The Children Investment Fund was created to help parents/guardians prepare financially for the future of their children/wards. We believe that every child deserves a good financial head start, and this fund is our contribution to building that foundation for the next generation. Whether it’s for education, or healthcare, or special needs, this fund provides a structured and disciplined way to start early and grow steadily.”

With the launch of the Children Investment Fund, UCAML now manages a portfolio of 10 open-ended mutual funds, making it the second-largest mutual fund provider in Nigeria. The company offers a broad spectrum of investment options tailored to meet varying financial goals and risk appetites including low-risk income funds, equity-focused funds, dollar-denominated funds, and funds dedicated to ethical and impact-driven investing.

Peter Ashade, Group CEO of United Capital Plc, reinforced the strategic alignment of the new fund with the Group’s broader objectives around financial inclusion, intergenerational wealth creation and long-term impact.

“This is more than the launch of a new product, it is a reaffirmation of our commitment to creating inclusive financial solutions that enable wealth creation for all. As a group, our mission is to shape a more financially inclusive and economically resilient Nigeria, and we believe that empowering the next generation through early financial planning is a critical part of that journey. When we invest in children today, we are investing in the economic strength of tomorrow.”

 

With over ₦1 trillion in assets under management and over N500 million in mutual funds AUM, United Capital Asset Management is undoubtedly an industry leader. This leadership is underpinned by strategic product innovation, expert fund management, and a clear focus on delivering superior value to its clients. The Children Investment Fund is built on the same foundation and is well-positioned to follow the performance trajectory of UCAML’s existing funds, which have consistently outperformed market benchmarks.

About United Capital Group

United Capital Group is a leading pan-African financial services institution offering a comprehensive suite of solutions, including Investment Banking, Asset Management, Trusteeship, Securities Trading, Wealth Management, Consumer Finance, and Microfinance Banking. With operations across Nigeria, Ghana, and Côte d’Ivoire, the Group is committed to transforming Africa’s financial landscape through innovation, technology, and client-focused solutions.

United Capital Group has received numerous local and international awards for its commitment to excellence, including its recognition by the Financial Times as one of Africa’s fastest growing companies for four consecutive years.

United Capital is regulated by the Securities and exchange Commission (SEC) and is listed on the Nigerian Exchange (NGX)

JOSEPH ONYEMA

Head, Group Enterprise Performance Management
Joseph Onyema
Joseph is the Head, Group Enterprise Performance Management at United Capital Plc.
Over the last 16 years, Joseph has worked with and led teams whose responsibilities cut across a major spectrum of technology transformational and retail growth projects and consultancy. Joining the group in 2017, Joseph started out leading the technology team for 5+ years in the position of the Group, Chief Information Officer, a role in which his focus on execution to reposition the business was exemplary, hence leading to increased digital presence, retail growth and improved revenues, with keen focus on our growth during the COVID-19 pandemic where the business was run totally virtual and saw outstanding growth in customers, revenue and profitability.​
Leveraging on his education, performance, experience and spirit of execution, Joseph transitioned to the Group Head, Enterprise Performance Management, where he brings his analytical and technological prowess coupled with his background in managing teams and businesses to bare in monitoring and tracking business units and employees performances, while helping them to improve in their performance and ensuring the group continues to win in all its endeavours.
Before joining United Capital, Joseph headed the Group Technology Operations at Cordros Capital Limited where he transitioned the business from a High Net-worth Individual (HNI) focused business to retail-focused business with total leverage on technology to drive B2C sales across verticals while exploring new markets and partnerships. Prior to Cordros Capital, he had led the Enterprise & Cloud Services team at Soft Solutions Limited, an IT Consultancy firm with a footprint across 15 Nigerian banks on enterprise security, cloud projects, and consultancy where he developed, deployed, and led support teams to manage several financial and FMCG application suites.
A Tony Elumelu entrepreneur from 2016 before joining the group, and a member of the prestigious Beta Gamma Sigma international business honor society, continues to reinvent himself and deliver exceptionally to the United Capital family.