The world's greatest fear about the coronavirus pandemic was confirmed last week with the discovery of a new mutation of the virus, known originally as the B.1.1.529, a development which reminded us strongly that the pandemic was far from over.
Fixed Income mutual funds have taken a lot of market share away from Money Market mutual funds this year. The total share of Assets Under Management (AUM) of all Money Market funds fell from 46.79% to 38.17% during the first nine months, while the market share of Fixed Income funds rose from 27.64% to 31.66%.
The Nigerian-British Chamber of Commerce (NBCC) recently launched and dedicated its Knowledge, Skills and Resources Centre housed at the NBCC Headquarters in Lekki Lagos. The fully equipped centre which is sponsored by and named after Chief Olusegun Osunkeye, CON, OFR, FCA provides the opportunity for members and non-members of the NBCC to work, study or brainstorm ideas in a conducive environment.