Business
Cornerstone Asset Managers Limited, a dynamic investment management firm has launched in Uganda.
Licensed by the Capital Markets Authority of Uganda (CMA), Cornerstone Asset Managers says it is set to redefine the wealth management landscape in Uganda by empowering individuals, institutions, and corporations to achieve sustainable financial growth.
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Speaking at the launch, Cornerstone Asset Managers’ Board Chair – Michael Opira, expressed the company’s commitment to excellence and growth of Uganda’s economy.
“Cornerstone is more than just an investment management company. We are dedicated partners who assist our clients in achieving their financial goals with the highest standards of ethics and expertise. Our mission is to enable more people to experience financial well-being and prosperity,” Opira said.
“ We are happy to operate with the greatest standards of ethics and expertise, having received the license from the Capital Markets Authority of Uganda (CMA).”
He said the firm’s mission is to contribute to the African Renaissance by allowing more people to enjoy actual financial well-being.
“This is more than simply an aspiration; it is our purpose. We strive to create value that exceeds expectations by providing bespoke investment solutions and professional strategies to our clients, assisting them in navigating the intricacies of both local and worldwide markets.”
Henry Musasizi, the State Minister of Finance in charge of general duties, highlighted the significance of this new player.
“Cornerstone’s wealth management services and Unit Trust Funds represent a daring advancement in enabling Ugandans to safeguard their financial destinies. These offerings are key to promoting financial inclusion and fostering generational prosperity,” Musasizi said.
The minister emphasized the importance of expanding access to financial products across Uganda’s diverse population, from small business owners to young professionals.
“By introducing wealth management solutions and Unit Trusts, you are not only expanding financial possibilities, but also democratizing access to investment opportunities that were previously unavailable to many people. This launch is timely and in line with Uganda’s overall goals of increasing financial inclusion and promoting economic resilience.”
Musasizi said Uganda is reaching a watershed moment in its economic development as the country’s young population, lively entrepreneurial spirit, and expanding middle class provide enormous opportunities for growth.
“To realize this potential, we must ensure that individuals, families, and businesses have access to a variety of new financial products. Wealth management and unit trusts offer precisely that, instruments for protecting wealth, enabling long-term savings, and fostering generational prosperity. They also offer a formalized pathway for individuals to participate in our capital markets, so supporting national development.”
