Rating Release
Agusto & Co. hereby affirms the A-(IM) rating assigned to Quantum Zenith Asset Management and Investments Limited (“QZAM” or “the Manager”).
The rating expires on 4 September 2026.
Agusto & Co. hereby affirms the ‘A-(IM)’ rating assigned to Quantum Zenith Asset Management and Investments Limited (“QZAM” or “the Manager”). The rating reflects QZAM’s experienced decision-making committees and well-documented investment and risk management guidelines. The rating also considers the Manager’s affiliation with the Quantum Zenith group, a diversified financial services group with a 10-year operational history and backing from Zenith Bank Plc, one of Nigeria’s leading financial institutions. However, the rating is constrained by the sub-optimal board composition, lean structure across key functions and the limited functionality of the current software for pre-trade checks.