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31.10.2014 Business & Finance

McCottley Unveils McTrust

31.10.2014 LISTEN
By Daily Guide

Management board members of McOttley supported  Kwesi Livingstone to outdoor McTrust.

McCOTTLEY Holdings Limited, a financial and managerial services provider of international repute, on Wednesday formally introduced McTrust, its unit trust scheme to Ghana's investing public.

Kwesi Livingstone, Group Chief Executive Officer (CEO) of McOttley Holdings, speaking at the occasion, said McCottley has been successful since it started operations in Ghana 30 months and was poised to become a strong global brand.

'Launching McTrust is another milestone in the history of McOttley because McCottley boasts of good corporate governance, extra-ordinary customer experience, a record of compliance with regulators, energetic and wide-thinking team of professionals, as well as a strong and contemporary management system.'

Mr Livingstone expressed the belief that given the aforementioned values, McTrust would be a good subsidiary.

With a capital investment of GH¢4 million as at December last year, he said McCottley currently boasts of GH¢18.4 million, representing a year-to-date growth of 360 percent.

The Group CEO added that the company has also invested heavily in strong software.

Adu Anane Antwi, Director General of the Securities and Exchange Commission (SEC), in a remark, said currently there were 39  licensed schemes in the country made up of 22 mutual funds and 17 unitrusts  with assets totaling GH¢445.7 million, an increase of 47.3 percent.

He said SEC was developing rules for real estate development funds to make the market strong and competitive.

Dr Anane Antwi said SEC has also set up the child finance club which was internet-based to educate children on the benefits of saving.

He called on members of the public to invest in capital and money market since they were the ideal investment paths to thread in these times of economic uncertainty.

Dr Ken Kweku, Board Chairman of McOttley, advised the youth to make serious savings so as to invest in their future and readily find money to undertake their activities.

Ambassador Blay Kabral Amihere, a board member of McCottley Holdings, shared similar sentiments.

Developed from the ideas of two innovative individuals with many years of experience in finance, investment banking and real estate development in Ghana and the United Kingdom, McCottley was founded to passionately meet the needs of clients, employees, suppliers and other key stakeholders.

 
 
 
 
 
 

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