Pension fund or public asset manager

Databank Asset Management Services Ltd

Compiled from public sources

Databank Asset Management Services Limited (DAMSEL) is the asset management subsidiary of the Databank Group, incorporated in 1996 and licensed by the Securities and Exchange Commission (SEC) in 1998 in Ghana. The firm operates as a licensed fund manager, primarily offering collective investment schemes (mutual funds), customised institutional fund management (for corporate, benefit, and endowment funds), and pension fund management. Its investment strategy centres on creating wealth for individuals and institutions through investment in Ghanaian and sub-Saharan African capital markets, with a focus on listed equities and fixed-income securities. DAMSEL manages a diverse product range, including balanced funds (BFund), equity funds (Epack), and money market funds (MFund), with the goal of integrating client risk profiles with their capital growth and income requirements.