Online Reporter
Nelson Gahadza
Business Reporter
THE value of assets administered by asset managers, funds under the management (FUM), grew by 8,34 percent, driven by a significant increase in investments in equities in the fourth quarter of 2025.
Investments in equities now account for 38,86 percent of asset managers’ combined portfolio.
According to the Securities and Exchange Commission of Zimbabwe (SecZim)’s fourth quarter 2025 newsletter, the sector’s total FUM rose to ZiG98,16 billion as of December 31, 2025, from ZiG90,60 billion recorded in the previous quarter.
This reflects renewed momentum in portfolio allocations and market activity.
SeZim said the growth in managed assets coincided with a notable shift in asset allocation strategies, with fund managers increasing their exposure to equities amid evolving market dynamics.
“There was an increase in the sector’s exposure to the stock market, rising from 34,97 percent in the previous quarter to 38,86 percent as at 31 December 2025,” the Commission said.
Asset managers’ exposure to the property sector, a historically dominant asset class, continued to decline, declining from 37,29 percent in the third quarter to 33,24 percent in the period under review.
Market analysts say the shift suggests a gradual move away from relatively illiquid assets towards instruments offering greater flexibility and potentially higher short-term returns.
According to the SecZim, money market investments also registered a modest increase, rising from 11,61 percent in September 2025 to 12,18 percent by year-end, reflecting a continued need for liquidity and capital preservation within portfolios.
