blue marina asset management

What blue marina asset management does

Blue Marina Asset Management Limited is a Nigerian private limited company incorporated in August 2024 and licensed by the Securities and Exchange Commission (SEC) on February 10, 2025, as a Fund/Portfolio Manager. The firm operates from a single headquarters in Ikoyi, Lagos, and is part of the Blue Marina Group, which also includes Blue Marina Securities Limited (formerly Midpoint Capital Limited), a Trading License Holder of the Nigerian Exchange (NGX) since 2008. The group structure provides integrated access to equities brokerage, research, and broader capital market instruments alongside the asset management offering.

The company offers three core investment products: the Fixed Income Note (NGN), a Naira-denominated structured product investing in Commercial Paper, Bank Placements, Treasury and OMO Bills, and FGN/Corporate Bonds; the Fixed Income Note (USD), providing dollar-denominated exposure to Nigerian sovereign and corporate bonds; and discretionary Portfolio Management Services constructing model portfolios across equities, fixed income, and cash based on client objectives, risk appetite, and horizon. These are complemented by wealth management, wealth advisory, asset allocation/diversification, and in-house research services. Distribution combines a secure self-service online client portal (bluemarinaamonline.com), downloadable account opening forms, and a dedicated institutional and corporate sales relationship team.

Revenue is generated through management fees and spreads on managed fixed income mandates, though no pricing or fee schedule is publicly disclosed beyond an approximately 15% pre-liquidation interest charge on early liquidation of the NGN Fixed Income Note. Target customer segments are Ultra High Net Worth Individuals, High Net Worth Individuals, and Institutional Investors, with Corporate Entities as a secondary segment. The company has not disclosed external funding rounds, and revenue figures are not publicly available.

Name

blue marina asset management

Legal name

Blue Marina Asset Management Limited

Website

https://bluemarinaam.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Blue Marina Asset Management Limited is a Lagos-based, SEC-licensed Nigerian fund and portfolio manager offering Naira and USD fixed income notes and discretionary portfolio management to ultra-high-net-worth individuals, high-net-worth individuals, and institutional clients, operating within the Blue Marina Group.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)

akta.pro secondary industry

Onshore Private Banking (Domestic HNW/UHNW) (FSAAABAA)

Keywords

• Asset management services
• Portfolio management
• Fixed income investments
• Wealth management advisory
• Investment fund management

Headquarters

HQ city

Ikoyi

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fixed Income Note (NGN) Management: Structured investment product providing stable returns and capital preservation in Naira-denominated money market instruments including Commercial Paper, Bank Placement, Treasury and OMO Bills, FGN and Corporate Bonds. Revenue generated through spread income (difference between cost of funds and interest earned).
2. Fixed Income Note (USD) Management: USD-denominated fixed income investment product investing in Nigerian sovereign and corporate bonds. Provides currency diversification and stable USD income for clients.
3. Portfolio Management Services: Discretionary portfolio management service recommending defined model portfolios constructed in line with clients' investment objectives, age, investment horizon, and risk appetite. Asset classes include Equities, Fixed income (Bonds & Debt Instruments), and Cash & cash equivalents.
4. Wealth Advisory: Personalized wealth advisory services including liquidity management, real estate management, wills and estate planning, succession planning, college and education planning, and tax planning.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Blue Marina Asset Management is a Nigerian SEC-licensed Fund/Portfolio Manager that provides fixed income investment products (Naira-denominated and USD-denominated notes) and discretionary portfolio management services, alongside wealth management, wealth advisory, asset allocation, and research services. Its products invest in Nigerian money market instruments, FGN and corporate bonds, equities, and cash equivalents for UHNIs, HNIs, institutional, and corporate clients.

Product overview

Blue Marina Asset Management operates as a SEC-licensed Fund/Portfolio Manager offering a platform of three core investment products: the Fixed Income Note (NGN) and Fixed Income Note (USD) for fixed income exposure in local and dollar-denominated instruments, plus Portfolio Management Services for discretionary equity and fixed income portfolio management. These core products are complemented by wealth management, wealth advisory, asset allocation, and research services that provide holistic financial solutions. The product architecture is designed for UHNIs, HNIs, and institutional clients seeking consistent income streams, capital preservation, and long-term wealth growth.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• SEC licensing and regulatory approval

Segments4 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Blue Marina Securities Limited (formerly Midpoint Capital Limited)coreStrategic or Co-development Partner · 1 January 2008Blue Marina Asset Management is part of the Blue Marina Group and clients benefit from integrated services of Blue Marina Securities Limited, a full-service stockbroking firm and Trading License Holder (TLH) of the Nigerian Exchange (NGX). Through this partnership, Blue Marina clients gain seamless access to a wide spectrum of financial instruments and capital market opportunities including equity trading, research, and investment advisory services.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• ARM Investment Managers: One of Nigeria's largest asset managers, offering managed funds and institutional portfolio management across equities and fixed income. Directly comparable to Blue Marina's HNW/institutional discretionary PMS, and a member of the same broader ARM ecosystem that Blue Marina's CTO and Head of Compliance previously worked in.
• Stanbic IBTC Asset Management: Large Nigerian asset manager (part of Stanbic IBTC Holdings) offering mutual funds, wealth management, and institutional portfolio services. Directly comparable in HNW/institutional mandate focus, fixed income products, and SEC-regulated operations.
• Coronation Asset Management: Nigeria-based asset manager providing discretionary portfolio management and mutual funds to HNW and institutional clients. Directly comparable product set; notably Blue Marina's MD Mark Okwor previously served as COO of Coronation.
• Leadway Asset Management: Nigerian asset management firm with HNW/institutional focus and broad mutual fund offerings. Directly comparable to Blue Marina's mandate-based model; Mark Okwor was Pioneer CEO here prior to joining Blue Marina.
• Capitalfield Asset Management: SEC-licensed Nigerian asset manager providing discretionary portfolio management and investment advisory to HNW clients. Closely comparable in scale and product mix; Mark Okwor served as Interim CEO.
• Cardinalstone Partners: Nigerian investment management firm offering asset management, wealth advisory, and securities trading. Comparable in integrated AM + brokerage model (parallel to Blue Marina Group's structure) and HNW/institutional client focus.
• FBNQuest Asset Management: Asset management arm of FBNQuest, providing portfolio management and mutual funds to Nigerian HNW and institutional clients. Direct peer on the institutional discretionary PMS side.
• United Capital Asset Management: Nigerian asset manager offering mutual funds, discretionary mandates, and wealth advisory. Comparable in SEC-regulated product shelf and HNW/institutional target segments.
• Vetiva Capital Management: Nigerian SEC-licensed asset manager offering portfolio management and investment advisory to HNW clients. Comparable in scale and customer profile to Blue Marina.

Emerging players

• Cowrywise: Nigerian fintech/digital wealth manager offering managed mutual funds and savings portfolios via a self-service app. Not a direct HNW/institutional peer but a competitive threat on the digital, lower-ticket end of the same fixed-income and managed-portfolio segments Blue Marina serves.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bluemarinaam
• Instagraminstagram.com/bluemarinaam

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about blue marina asset management