A fully owned Ghanaian investment Banking Firm, Dusk Capital, has signed a partnership agreement with an International Investment Management Group (IIMG Africa Ltd) that will give the company access to over 300 international mutual funds across the world.
Chief Executive Officer of the company Bernard Osei Tutu Jnr says the partnership will open Dusk Capital to internationally competitive investment products that will be of immense benefits to clients across the country.
He was speaking to a cross section of the media in Accra, Friday.
Dusk Capital Ltd, founded in 2012 to provide consultancy services on finance and investment has grown into a fully fledged entity with expertise in private wealth management, provident fund management, Institutional Fund Management and Investment Banking services.
Mr Osei Tutu Jnr was particularly happy with the IIMG African partnership agreement which has made it possible for Dusk Capital Ltd to deal directly with some of the greatest international capital investment companies like JP Morgan, HSBC, Goldman Sachs, BNP Paribas etc.
He said his outfit is committed to building and encouraging a new culture of long term investment in a country where savings and investment are generally low.
“We are running away from the short term. Most of our investment products are long term in nature. We do minimum a year or two years, trying to push that agenda of long term investment.
“…Let’s begin to have that change of mindset to have long term planning for our children, families for our investment and properties. Let’s begin to think beyond ten years,” he encouraged.
In a sector facing credibility issues following the major scandal that hit the micro-finance companies in Brong Ahafo Region and parts of the Northern and Volta Regions, Mr Osei Tutu insists Dusk Capital Ltd, licensed by the Securities and Exchange Commission, is committed to restoring confidence in the sector and providing competitive returns for monies invested.
“Our work as fund managers is to look around the market and give better returns. We don’t sleep,” he said, adding in partnership with the IIMG, “we are investing funds in top mutual funds in companies that invest in MTN, Unilever and other companies around the world. You are getting value for every money invested,” he assured.
He said his company has products tailor made for any professional or individual willing to invest their monies in the company. He said the products will respond to the specific needs, and aspirations of every client who is ready to invest.
Bernard Osei Tutu was hopeful that the new government with a Finance Minister Ken Ofori Atta who understands the role and importance of the capital market will put in place policies that will transform the sector.
“For our economy to develop we need the capital market and think about long term investment,” he said.