External broker reports(aggregated public sources), CardinalStone

CardinalStone

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing.

Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Thematic (Sector/Industry)

Nigeria Financials / Thematic (Sector/Industry)

<ul><li>Last week, the local bourse advanced by 48 bps, while the MEP gained 52 bps, outperforming the benchmark index by 4 bps.</li><li>Year-to-date, the MEP has returned 33.48%, compared to the NGX-ASI’s return of 31.16%, resulting in an outperformance of 232 bps.</li><li>The MEP's strong performance was primarily driven by renewed interest in TRANSPOWER (+19.29% WoW), which contributed 39 bps to the portfolio, and a rebound in OANDO (+10.00% WoW), adding 20 bps</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Last week, the local bourse advanced by 48 bps, while the MEP gained 52 bps, outperforming the benchmark index by 4 bps.Year-to-date, the MEP has returned 33.48%, compared to the NGX-ASI’s return of 31.16%, resulting in an outperformance of 232 bps.The MEP's strong performance was primarily driven by renewed interest in TRANSPOWER (+19.29% WoW), which contributed 39 bps to the portfolio, and a rebound in OANDO (+10.00% WoW), adding 20 bpsContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

CardinalStone Research - Model Equity Portfolio - 21st October 2024