Fund Managers

The National Investment Trust Limited (NITL) fund is managed by NICO Asset Managers Limited

NICO Asset Managers Limited (NAML) is a specialist investment management and advisory firm, providing a premier range of investment management, corporate finance, infrastructure development and investor services to institutional and individual investors. The company commenced operations on 1 January 2009. Investment management previously was being done by NICO Holdings Limited under the Investments and Projects division.

It is registered with the Reserve Bank of Malawi (RBM) as a Portfolio/Investment Manager and licensed Investment Advisor. It is licensed under the Securities Act 2010 and is regulated by the Registrar of Financial Institutions and falls under the Microfinance and Capital Markets division of RBM.