James Elijah Donkoh, CEO of Cal Asset Managemen
The Chief Executive Officer of Cal Asset Management, James Elijah Donkoh, has attributed the strong performance of the company’s flagship funds in 2024 to disciplined risk management and diversified portfolio strategies.
Speaking on the sidelines of the firm’s Annual General Meeting on July 17, 2025, Donkoh said the asset manager’s results “significantly outpaced inflation, delivering positive real returns for investors,” despite slightly trailing benchmark targets.
“Sustainability is at the core of our approach as we continue to prioritize both performance and investor trust. We remain focused on diversified portfolio strategies, disciplined risk management, and aligning our investments with key growth sectors of the Ghanaian economy,” he was quoted by Citi Business News.
Cal Asset Management reported impressive growth across its two key funds; the Cal Benefit Unit Trust and the Cal Advantage Unit Trust, further cementing its position as one of Ghana’s leading asset managers.
The Cal Benefit Unit Trust posted a full-year return of 24.91% in 2024 and recorded an 88.3% year-over-year increase in asset value, closing the year at GH¢31.80 million.
Meanwhile, the Cal Advantage Unit Trust delivered a strong full-year return of 34.41% and saw its assets under management grow by 179.8% to GH¢12.41 million.
Looking ahead, Donkoh said Cal Asset Management will focus on expanding its product offerings and deepening market penetration.
“Sustainability is at the core of our approach as we continue to prioritise both performance and investor trust,” he reiterated.
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