Nigeria’s Equity Portfolio Model (EPM) delivered an 82 percent return in the 2025 financial year on the Nigerian Exchange Limited (NGX), marking a significant outperformance of key market benchmarks.
Data from NGX show that the EPM’s return surpassed the NGX All-Share Index, which gained 52 percent, by 30 percentage points, and the NGX 30 Index, which rose 50 percent, by 33 percentage points.
The performance represents a marked improvement over 2024, when the EPM recorded a 48.1 percent return.
Analysts attribute the success to EPM’s well-balanced structure, which combined high-growth opportunities with defensive and income-generating positions.
Looking ahead to 2026, the EPM, managed by Norrenberger, has been restructured into four distinct portfolios aimed at catering to investors with varying risk appetites and investment objectives.
The restructuring is intended to offer a broader range of options while maintaining the portfolio’s strong growth potential.
Market observers note that the NGX has already begun 2026 on a bullish note, with four companies contributing to a combined N469 billion gain in equity on Tuesday.
Norrenberger’s approach emphasizes diversification and strategic asset allocation, which has helped shield investors from volatility while maximizing returns.
The EPM’s robust performance reflects growing investor confidence in structured equity portfolios as an alternative to traditional index tracking.
Experts predict that continued market recovery and strategic portfolio management could sustain strong returns for EPM in the coming year.
