End of the road for eight fund managers as official liquidator gazettes them

November 24, 2020 The Official Liquidator (OL) has gazetted eight additional fund management companies (FMCs) out of the 54 whose licenses the Securities and Exchange Commission (SEC) revoked. Two more...

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November 24, 2020 / Comments (0)

Fund managers losing clients to banks – KPMG report

November 3, 2020 Depositors prefer to invest their monies with banks than with fund management companies due to renewed high confidence in the former following a general reform carried out by the Bank of...

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November 3, 2020 / Comments (0)

SEC increases capital requirement for market operators to GHS2M

October 13, 2020 As part of efforts to sanitize and strengthen the capital market, the Securities and Exchange Commission, SEC, has set a new capital requirement for market operators in the Ghanaian Capital...

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October 13, 2020 / Comments (0)

Validation still ongoing to pay Fund Management customers – SEC

June 10, 2020 The Securities and Exchange Commission (SEC) says it hopes to, in the near future, begin payment of outstanding validated claims of clients of some of the 53 fund management companies who...

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June 10, 2020 / Comments (0)

SEC revokes 53 fund management licences

November 11, 2019 The Securities and Exchange Commission has with immediate effect, revoked the licences of some 53 Fund Management Companies. According to a public notice served by the Commission, the...

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November 11, 2019 / Comments (0)