United Capital Asset Management Limited (UCAML), a subsidiary of United Capital Plc, has officially launched the Children Investment Fund (CIF)—a new mutual fund focused on helping Nigerian families plan financially for their children’s future.
From Left to Right: Leo Okafor, Group Company Secretary; Sam Nwanze, Non-Executive Director; Peter Ashade, Group Chief Executive Officer; Dr. Odiri Oginni (CFA), MD/CEO – United Capital Asset Management; Ayodeji Adigun, Executive Director/Group Chief Operating Officer.
The launch event took place at the Wheatbaker Hotel in Lagos and brought together key stakeholders in Nigeria’s financial and investment sector.
A Fund Designed for the Future
The Children Investment Fund is a naira-denominated, open-ended mutual fund. It is built to help parents and guardians invest towards important milestones in a child’s life—such as education, healthcare, and future capital needs.
By offering a professionally managed and disciplined investment platform, the fund enables families to build long-term financial security for their children.
Early Planning Matters
Speaking at the event, Dr. Odiri Oginni, Managing Director/CEO of United Capital Asset Management, highlighted the importance of starting early.
“Every child deserves a strong financial foundation,” Dr. Oginni said. “Whether it’s education, healthcare, or special needs, this fund offers a smart, structured way to start early and grow steadily.”

Expanding Investment Access
With the launch of CIF, UCAML now manages 10 open-ended mutual funds, making it the second-largest mutual fund provider in Nigeria.
Tailored to suit a wide range of financial goals and risk appetites, its product lineup includes:
- Income-focused funds
- Equity-based growth funds
- Dollar-denominated investments
- Ethical and impact-driven funds
Strategic Alignment with Group Vision
Peter Ashade, Group CEO of United Capital Plc, emphasized that the fund aligns with the Group’s broader mission of financial inclusion and intergenerational wealth creation.
“This is not just a new product,” Ashade said. “It’s part of our long-term strategy to build a financially inclusive and resilient Nigeria. Investing in children today strengthens the economy of tomorrow.”
A Proven Track Record
United Capital Asset Management manages over ₦1 trillion in total assets, with more than ₦500 billion in mutual funds alone.
The Children Investment Fund joins a portfolio of high-performing funds that have consistently delivered strong returns above market benchmarks.
About United Capital Group
United Capital Plc is a leading pan-African financial services group with operations across Nigeria, Ghana, and Côte d’Ivoire. The Group offers services in:
- Investment Banking
- Asset Management
- Securities Trading
- Trusteeship
- Wealth Management
- Consumer and Microfinance Banking
Recognized by the Financial Times as one of Africa’s fastest-growing companies for four consecutive years, United Capital is listed on the Nigerian Exchange and regulated by the Securities and Exchange Commission (SEC).