Parthian Partners Limited has reiterated its commitment to being a market leader in fixed income, structured finance, and financial integration through the use of technology and intelligence.
Over the past 10 years, the firm has built a strong reputation for innovation and excellence, cementing its status as a market leader for securities dealing on various financial markets.
Speaking at a media interactive session in Lagos over the weekend, the Group Managing Director, Parthian Partners Limited, Oluseye Olusoga, said the inter-dealer brokerage firm which deals with regulated entities, plays an active role in the secondary securities market, guiding investors through their investment journey and providing them with long-term and trusted advisory services to help navigate their investment goals.
Olusoga also disclosed that the firm promotes fixed income liquidity by showing prices on all on and off-the-run Federal Government, state, and corporate bonds, treasury bills, promissory notes, and Eurobonds that investors would otherwise have to hold to maturity.
Leveraging its broad universe of clients, he said, Parthian provides market intelligence that serves as a basis for investment decisions. “We provide anonymity while executing large-ticket transactions so that the market doesn’t move against you. We provide the best pricing for non-standard volumes (tranches) of Nigerian government securities (bills and bonds).
“We serve as a bridge between market players who would ordinarily be unable to face each other due to limited approvals. By this, we improve market liquidity and ensure best execution, even as we also provide access to offshore investors through our strong global affiliations,” Olusoga stated.
Offering insight on the Nigerian equities market, Chief Strategist, Parthian Securities Limited which is a subsidiary of Parthian, Ahmed Olaitan Banu, said the performance drivers of the Nigerian equities market in 2022 are; interest rate, infrastructural development, global inflation, and payment service banks’ license. Others include the holding company structure of banks, Federal Government support for healthcare services, acquisitions, and mergers.
Banu also observed that the low participation of foreign investors in the Nigerian equities market will persist as domestic investors continue to search for positive real returns in the market due to the dearth of alternative investments.
However, “if historical trends are any guide, the Nigerian equities market performance in the previous two years preceding elections 2014 and 2018 have been negative, leading us to forecast a weak market in 2022. “But there are certain indicators that may contradict this view on the negative performance such as continued uptrend in the price of crude oil due to the positive correlation between the performance of NGX All-Share Index and crude oil prices,” Banu said. In keeping with the firm’s promise of linking its customers to their preferred investment opportunities, Parthian Securities Limited recently organised the maiden edition of its “Bears & Bulls Series” themed ‘The Nigerian equity market: 2021 review; 2022 outlook & stocks to watch.’ This online investment advisory clinic which was held on January 27, 2022, offered investors free insights and analysis on the Nigerian equity market.