FRAGG Investment Management Ltd has been appointed as the fund manager by the board of Grooming Endowment Trust.

The Grooming Endowment Trust is seeded with approximately $15 million with the target of reaching a cap of $50 million.

The Grooming Endowment Trust is set up by Grooming Centre, a non-governmental organisation and one of the largest microfinance institutions in Nigeria with a primary aim to address the near absence of financial services to the large population of peo...