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2023
4 September 2023
Aligning your Investment Strategy with your Risk Appetite
Risk appetite, often referred to as risk tolerance, serves as a pivotal gauge that assesses an investor’s readiness and capacity to embrace a specific level of risk within an investment venture. Beyond merely recognizing the potential risks linked to a particular investment opportunity, what holds paramount significance is whether the investor is both inclined and financially equipped to bear the associated risk burden.
2023
21 August 2023
Unlocking financial success: A guide to crafting smart money goals
Financial independence is an achievement many people aim to have in the course of their lives. For many, it is a goal they have worked their entire lives to achieve. In this article, we will explore how to set goals for financial independence.
2023
7 August 2023
SIMS set up subclass funds to protect investors from current bond market volatility
Multi-asset specialist manager, Stanbic Investment Management Services (SIMS), has announced the measures that ring-fences new deposits from the mark-to-market valuation by setting up sub-class funds under the existing Stanbic Cash Trust and Stanbic Income Fund Trust. This was announced at the 2023 virtual Annual General Meeting (AGM) held on August 2, 2023.
2023
24 July 2023
SIMS 2023 Virtual AGM Scheduled for August 2
Multi-asset specialist manager, Stanbic Investment Management Services LTD (SIMS), will hold its 2022 Annual General Meeting (AGM) for Unit Trusts on Wednesday August 2, 2023 between 10am and 12 noon. The 2023 AGM will be virtual and as such, attendance and participation by unitholders or their proxies in the AGM, will be strictly virtual.
2023
17 July 2023
Rebuilding Investor Trust in Ghana’s Economy: The Imperatives for Today and the Future
Over the past couple of years, Ghana has experienced economic volatility marked by high interest rates, high inflation, and high depreciation of the local currency. People and institutions that invested monies in government bonds have had to revise their plans due to the government’s domestic debt exchange programme. The consequence of all this put together is the loss of investor trust and confidence in the Ghanaian economy. This notwithstanding, one critical thing investors must acknowledge is the fact that markets go through cycles and Ghana’s economy will bounce back if key stakeholders across government, investors and private sector commit to put the right things in place to ensure speedy economic recovery. In this article, I will highlight some key factors for stakeholders to consider as we navigate the path to economic recovery.
2023
10 July 2023
Financial diligence: A critical mechanism in managing finances in uncertain times
In today’s ever-changing economic landscape, where external shocks are directly felt by everyone, managing one’s personal finances has become critical if one is to keep his or head high in these turbulent times. This reality has hit home very well particularly as economies in emerging countries are struggling to recover from the impact of the ‘triple threat’ COVID-19, Climate and Conflict. Ghana is in the final stage of a debt restructuring programme and the implementation of a series of IMF initiatives to ensure a smooth and formidable recovery. As individuals feel the pinch of the economic pressure and recovery measures what are the options in ensuring that one manages his or her finances in these turbulent and somewhat uncertain period.
2023
21 June 2023
Coping and Thriving Under Difficult Market Conditions as an Investor
Over the past few years, Ghana has come under some intense market conditions marked by volatility and uncertainty. To a considerable extent, this has resulted in businesses and individuals finding it difficult to plan and determine the outcomes of decisions that affect their finances and general livelihoods. Admittedly, the conditions under which we all live and operate is challenging to say the least. For investors particularly, their trust and confidence in investments, given all that has transpired over the last few years, have waned significantly because some have not received planned cash flows from their investments as agreed, whiles others have had a haircut of some sort on amounts invested. For some, it is not being able to have the flexibility they enjoyed in having access to their funds as and when they need it.
2023
15 May 2023
Understand Investment Risks Before Investing
Head of Client Coverage at Stanbic Investment Management Services (SIMS), Desmond Bredu, has emphasized the importance of understanding investment risks before investing. He made this statement at an engagement with congregants at the Tema Community 1 Church of Pentecost under the theme, ‘Repositioning the Local Church in our Finances for Maximum Impact.’
2023
22 May 2023
Understanding Your Risk Tolerance Is Key When Investing
The Managing Director of Stanbic Investment Management Services (SIMS), Dr. Kwabena Boamah, has advised investors to understand their risk tolerance levels before investing in any investment fund. Dr. Boamah was speaking at the third edition of The Money Summit in Accra.
2023
8 May 2023
Financial Literacy Critical To Success of AfCFTA
The Head of Client Coverage at Stanbic Investment Management Services (SIMS), Desmond Bredu, has underscored the importance of financial literacy, particularly for the youth, in realizing the full benefit of the Africa Continental Free Trade Area (AfCFTA).
2023
12 April 2023
The Time to Start Investing is Now
Investments have become topical in the face of the government’s recent Domestic Dept Exchange Programme, with many people expressing apprehension about investing. In the face of this, the Head of Client Experience at Stanbic Investment Management Services (SIMS), Miriam Maku Amissah, has advised young students at the tertiary level of education to start investing before they leave school.
27 March 2023
Pension Trustees Must Diversify Investment Portfolios To Safeguard Against Shocks
The Chief Investment Officer of Stanbic Investment Management Services (SIMS), George Allotey, has advised Pension Trustees to take advantage of alternative offerings in the Policy Guidelines of the National Pensions Regulatory Authority (NPRA) to diversify their investments so as to protect their funds against shocks as currently being experienced. He said this at the fifth edition of the Pension Strategy Conference organized by Axis Pension Trust in Accra.
27 March 2023
Embrace Responsible Investment To Support Development- Miriam Amissah
Miriam Maku Amissah, Head of Client Experience, Stanbic Investment Management Services (SIMS) has encouraged Ghanaians to embrace responsible investment to further nation building. Speaking at a cocktail session hosted by the bank at the 3rd Mobile Technology for Development seminar held at the Kempinski Gold Coast City Hotel, Accra, Miriam Aku Amissah, advised participants not to shy away from investing but rather seek professional.
27 March 2023
Be Cautious In Making Financial Decisions In Times Of Uncertainty
Chief Investment Officer, Stanbic Investment Management Services (SIMS), George Allotey, has urged Ghanaians to be cautious in taking financial decisions in times of uncertainties because of future repercussions. George Allotey said this at Webinar organized by Enterprise Trustees on the theme “State of the Financial Market and the Impact on Pension Funds”.
21 November 2022
Cash Trust and Income Fund Exceeds Benchmarks In 2021
Stanbic Investment Management Services (SIMS) recorded significant growth in both funds managed by the firm – Stanbic Cash Trust (SCT) and Stanbic Income Trust Fund (SIFT). This was announced at the 2021 virtual Annual General Meeting (AGM) held on Friday, July 15 2022.
21 July 2021
Investors should Consider ESG in Investment Decision Process
Multi-specialist asset manager, Stanbic Investment Management Services (SIMS) has advised investors and investment firms to keep environmental, social, and corporate governance (ESG) considerations high on the agenda when making investment decisions.
5 July 2021
SIMS Outperforms its Fund Benchmarks for 2020
Multi-specialist asset manager, Stanbic Investment Management Services (SIMS), outperformed its benchmarks for the two funds the company manages, the Stanbic Cash Trust (SCT) and Stanbic Income Trust Fund (SIFT). This was announced at the company’s 2020 Annual General Meeting (AGM) held on Friday, July 2 at the Stanbic Heights in Accra.
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