Unit trust assets under Lofty-Corban cross Sh1bn
Starting nine months ago, the Collective Investment Scheme doubled the assets under management to Sh1.13 billion from Sh459 million in December last year.
Source: businessdailyafrica.com
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Starting nine months ago, the Collective Investment Scheme doubled the assets under management to Sh1.13 billion from Sh459 million in December last year.
Unit trusts or collective investment schemes added Sh10.3 billion in assets in the first three months of the year.
Standard Chartered Bank Kenya's online money market fund has hit Sh1.25 billion in under a year.
Standard Chartered Bank Kenya has entered the money market fund business, allowing customers to make investments of as low as Sh1,000.