An investment fund manager is required to submit an annual report to the SWF Board not later than two months after the end of the financial year.
By
Edwin Mutai
Nation Media Group
Political Reporter
The fee payable to external fund managers for managing assets under the planned Sovereign Wealth Fund (SWF) has been capped at two percent, in a bid to ensure prudent utilisation of funds.
Lawmakers ring-fence 30 percent of Kenya’s planned sovereign wealth fund for future generations.
MPs are pushing for stricter oversight of the proposed Kenya Sovereign Wealth Fund to prevent unconstitutional withdrawals.
City’s pension regulator begins review of regulations related to a fee cap for a popular investment option under the MPF.
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