KENYA · MARKETS
Key Facts
—The wave: Kenya’s Capital Markets Authority licensed or approved 13 firms and schemes plus 26 unit trust sub-funds in its latest round, one of its broadest expansions in years.
—New managers: ADAR Asset Management, Entrust Advisory and Everstrong Asset Management join as fund managers spanning infrastructure, private equity, real estate and energy.
—New schemes: Two umbrella unit trusts — Cinemark with seven sub-funds and Karsis with twelve — cover money market, fixed income, private debt and multi-asset strategies in shillings, dollars, euros and sterling.
