Equities
US Equities: Earnings Resilience Holds the Bid
Breadth has improved beyond mega-cap tech. We are leaning into quality compounders and trimming high-multiple cyclicals where liquidity is thinning.
S&P 500
—
—
SEC Licensed Fund & Portfolio Managers
Preserving Wealth.
Creating Long-Term Value.
Institutional-grade investment management tailored for discerning investors - disciplined, research-driven, and engineered around capital preservation.
$1.2B+
Assets Under Advisory
18 yrs
Institutional Heritage
6
Asset Class Mandates
A+
Governance Rating
Live Market
Realtime
NGX ASI
104,512
+0.00%
Scroll
NGX ASI104,512.30+0.82%
FGN 10Y18.42%+12bps
T-BILL 91D19.85%+5bps
USD/NGN1,612.40−0.21%
BRENT$82.14+1.06%
GOLD$2,418.70+0.34%
S&P 5005,624.18+0.42%
EUR/USD1.0842−0.08%
NGX ASI104,512.30+0.82%
FGN 10Y18.42%+12bps
T-BILL 91D19.85%+5bps
USD/NGN1,612.40−0.21%
BRENT$82.14+1.06%
GOLD$2,418.70+0.34%
S&P 5005,624.18+0.42%
EUR/USD1.0842−0.08%
Investment Philosophy
Disciplined investing, backed by research, governance and risk.
Six convictions that govern how we underwrite, construct and steward client capital across every market cycle.
Live discipline
Research → Construction → Risk → Review
01
Capital Preservation
First principle. Every position sized to the loss we are willing to underwrite, not the gain we hope for.
02
Risk-Adjusted Returns
We measure success on Sharpe and drawdown, not headline return - compounding requires not losing.
03
Disciplined Construction
Portfolios are engineered top-down by mandate, with explicit constraints on concentration and liquidity.
04
Long-Term Horizon
Patient capital, multi-cycle conviction. We refuse to confuse activity with progress.
05
Liquidity Management
Cash is an asset class. We model laddered liquidity against every client's operating reality.
06
Research-Driven
Macro, credit and equity research conducted in-house - never outsourced, never automated.
Asset Classes
A complete institutional opportunity set.
Diversified mandates across the capital structure - assembled with the rigor of an institutional treasury and the bespoke care of a private wealth firm.
T+1
Settlement
Treasury Bills
Sovereign short-duration instruments for liquidity-conscious capital with predictable yield.
Explore mandate →
Fixed Income
Investment-grade corporate and sovereign credit calibrated to duration and rate cycles.
Explore mandate →
Bonds
Long-dated FGN and corporate bonds providing income stability and curve positioning.
Explore mandate →
Equities
Research-driven equity mandates targeting durable franchises and disciplined valuation.
Explore mandate →
Structured Investments
Bespoke structures combining yield, capital protection and asymmetric upside.
Explore mandate →
Liquidity Management
Cash and near-cash solutions engineered for working-capital efficiency at scale.
Explore mandate →
Market Insights
Research notes from the desk - priced live.
Perspectives from our macro, credit and equity teams, paired with live indicator prints to inform positioning across every client mandate.
Live feed|Connecting...
FX / Macro
Naira: Stabilization Under Orthodox Policy
CBN's tightening cycle and the unified FX window continue to anchor the naira. Carry remains attractive into H2 as disinflation prints through.
USD/NGN
—
—
Commodities
Brent: Supply Discipline vs. Demand Crosswinds
OPEC+ supply management is offsetting softer industrial demand. We stay selectively exposed via integrated majors with strong free-cash-flow yields.
Brent Crude
—
—
Live indicators are sourced from public market feeds with a typical 15-minute delay and shown for information only - not investment advice. Past performance is not a guide to future results.
Risk & Governance
Risk is engineered before return is sought.
Institutional process discipline is the difference between a good year and a long career. Six controls govern every portfolio at ALM.
Portfolio Diversification
Cross-asset, cross-tenor and cross-sector exposure with explicit correlation budgets.
Institutional Risk Controls
Position limits, VaR thresholds and counterparty scoring enforced pre-trade.
Governance Oversight
Independent Investment Committee with veto authority over every mandate.
Compliance Monitoring
Continuous surveillance against SEC, internal and client-mandate obligations.
Research & Market Analysis
Macro, fixed-income and equity research conducted in-house, daily.
Downside Protection
Hedging overlays and liquidity ladders to defend capital in tail events.
Why ALM Fund Managers
Built for serious capital. Engineered for serious investors.
- SEC Licensed Fund & Portfolio Managers
- Senior treasury professionals with multi-cycle experience
- Institutional investment process applied to every mandate
- Bespoke solutions for HNIs, family offices and institutions
- Independent governance and compliance framework
- Disciplined execution with transparent reporting
Institutional
Who We Serve
Stewarding capital for those who hold it for the long term.
01
High-Net-Worth Individuals
Personal portfolios constructed around capital preservation and intergenerational planning.
02
Corporates
Treasury, working-capital and surplus-cash mandates for listed and private corporates.
03
Institutions
Pension funds, endowments and insurance pools managed with regulatory rigor.
04
Family Offices
Multi-asset stewardship aligned to family charter, governance and succession.
05
Professional Investors
Sophisticated allocators seeking institutional access at private-client scale.
Our Partners
Decades of institutional experience across treasury, trading and capital markets.
Our leadership team brings a combined 50+ years across Nigeria's leading banks and exchanges - the depth of experience required to navigate complex markets on behalf of serious capital.
Partner
Bayo Opatade
Ex-CFO NGX · ACCA · MBA Warwick
Former Chief Financial Officer of the Nigerian Exchange Limited (NGX). Previously CFO at SunTrust Bank Nigeria and Country Finance Manager at Standard Chartered Bank. Career began at PwC.
Partner
Michael Chigbufue
ALM · FX · Fixed Income
Seasoned financial services practitioner – multi-currency balance sheets, FX risk hedging, fixed-income and structured trade. Headed ALM, FX Trading and Treasury at Ecobank, Fidelity and Nova Merchant Bank.
Partner
Alex Urhude
17+ yrs · Treasury & Securities
Former Chief Dealer / Treasurer at SunTrust Bank Nigeria. Fixed-income securities dealer at Ecobank Treasury. M.Sc. Finance, University of Lagos. Proven team leadership across dealing rooms and treasury operations.
50+
Years combined leadership experience
2021
Founded, CAC registered
6
Client segments served
Trust & Compliance
Regulatory credibility you can verify.
Every mandate at ALM is executed inside a framework of license, governance and institutional operating standards.
SEC Licensed
Licensed by the Securities & Exchange Commission as a Fund and Portfolio Manager.
CAC Registered
Incorporated and registered with the Corporate Affairs Commission.
Governance Framework
Independent Investment Committee and Risk & Compliance oversight.
Institutional Operations
Segregated client accounts, daily reconciliation and audited reporting.
Begin your relationship
Speak with a portfolio manager.
Open an institutional account or arrange a confidential consultation with our investment team.