BIFM Wealth Management
Fund Size: US$2.1 billion
Description: Bifm is a wholly owned subsidiary of Botswana Insurance Holdings Limited (BIHL);one of the largest listed companies on the Botswana Stock Exchange. Bifm was founded in 1975 as Botswana’s first “Fund” manager. Its establishment coincided with the start of a period of tremendous growth in the Botswana economy. The growth of Bifm accelerated as the years went by, as illustrated by the fact that in 1998 the company was handling around P770-million in assets under management. By 2001 this number had more than doubled to some P2-billion. Today, our Assets Under Management have grown to over P23 billion as at end of June 2014.
Key Areas of Expertise:
- Short term low risk money market securities
- Global bonds which includes both Government and corporate sectors
- Stock Exchange
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