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May 2016 The SUNU Group is embarking on a new strategy designed to optimize the investments of all its subsidiaries. A mutual fund of an initial sum worth 10 billion FCFA (16.6 million USD), named FCP SUNU Assurances, has been set up for this purpose.
Dedicated to the group’s subsidiaries the fund will be composed of bonds, debt securities and shares whose amount shall not exceed 50% of the assets.
Unit-linked products marketed by the group will be backed to this fund as is the case for Eco Croissance, launched on April 6, 2016 in Abidjan.
Ecobank Asset Management, one of the major asset management companies of the West African Economic and Monetary Union (UEMOA), is the fund manager.