Henry Musasizi presiding over Cornerstone Asset Managers’ launch of investment services in Naguru on Wednesday.
The Minister of State for Finance (General Duties), Henry Musasizi, has urged Cornerstone Asset Managers to invest in financial literacy projects that will provide Ugandans with the knowledge they need to make sound investment decisions.
Musasizi was speaking as chief guest as Cornerstone Asset Managers launched its investment services in Naguru on Wednesday.
By introducing wealth management solutions and unit trusts, Musasizi said, “You are not only expanding financial possibilities but also democratizing access to investment opportunities that were previously unavailable to many people.”
“This launch is timely and in line with Uganda’s overall goals of increasing financial inclusion and promoting economic resilience. Uganda is reaching a watershed moment in its economic development. Our young population, lively entrepreneurial spirit, and expanding middle class provide enormous opportunities for growth. To realize this potential, we must ensure that individuals, families, and businesses have access to a variety of new financial products,” said Musasizi.
According to Musasizi, wealth management and unit trusts offer instruments for protecting wealth, enabling long-term savings, and fostering generational prosperity.
“They also offer a formalized pathway for individuals to participate in our capital markets, so supporting national development,” added Musasizi.
However, Musasizi said that the success of these services will be determined not only by availability, but also by accessibility and understanding.
To this, he urged Cornerstone Asset Managers to invest in financial literacy projects that will provide Ugandans with the knowledge they need to make sound investment decisions.
“Let us ensure that these offerings reach not only the urban elite, but also small business owners, farmers, and young professionals all around the country,” he said, adding that “As a government, we remain committed to creating a climate conducive to investment and financial growth. We will continue to improve regulatory frameworks, maintain macroeconomic stability, and promote financial transparency. Initiatives like yours support our efforts by providing the instruments required for wealth generation at all levels of society.”
Speaking at the launch, Cornerstone Asset Managers’ Board Chair—Michael Opira, expressed the company’s commitment to excellence, saying, “Cornerstone is more than just an investment management company. We are dedicated partners who assist our clients in achieving their financial goals with the highest standards of ethics and expertise. Our mission is to enable more people to experience financial well-being and prosperity.”
