Cornerstone Asset Managers enters Ugandan market with innovative wealth management solutions

KAMPALA, UGANDA — Cornerstone Asset Managers has launched its operations in Uganda, offering wealth management and investment services to individuals, institutions, and corporations.

The new firm, which has been granted a license by the Capital Markets Authority of Uganda (CMA), will provide a range of investment services, including unit trusts and wealth management solutions.

According to Henry Ariganyira Musasizi, Uganda’s Minister of State for Finance, Planning and Economic Development, the firm’s presence in Ugandan market marks a significant milestone in the country’s journey towards financial inclusion and economic growth.

“Cornerstone’s wealth management services and Unit Trust Funds represent a bold step forward in enabling Ugandans to secure their financial futures,” Musasizi said in a statement.

Michael Opira, Board Chair of Cornerstone Asset Managers, said the firm is committed to delivering bespoke investment solutions that cater to the unique needs of its clients.

“We are dedicated partners who work closely with our clients to achieve their financial goals,” Opira said. “Our team of experts has a deep understanding of the local market and is well-positioned to provide innovative solutions that meet the evolving needs of our clients.”

The launch of Cornerstone Asset Managers comes at a time when Uganda’s economy is experiencing significant growth, driven by a young and entrepreneurial population, as well as an expanding middle class.

With its innovative approach and commitment to excellence, Cornerstone Asset Managers is poised to make a significant impact on Uganda’s wealth management landscape.