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Unit trust schemes funds cross Sh100 billion mark


Unit trust schemes funds cross Sh100 billion mark
Summary
Collective investment schemes in Kenya grew their assets under management by 38 per cent last year, taking advantage of the rising preference for investment plans handled by professional advisers.
Industry data compiled by the Capital Markets Authority (CMA) shows that the unit trust sector handled Sh104.7 billion assets by the end of last year, up from Sh76.1 billion in December 2019.
Thursday April 22 2021
By CHARLES MWANIKI
Summary
Collective investment schemes in Kenya grew their assets under management by 38 per cent last year, taking advantage of the rising preference for investment plans handled by professional advisers. ....

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