Wealth managers say that increasingly, affluent parents are opening these investment portfolios not only for themselves but also as long-term wealth-building vehicles for their children.
By
Sinda Matiko
Correspondent
Nation Media Group
For decades, the blueprint for passing down wealth in Kenya was largely predictable. Parents bought land, built rental apartments, accumulated shares in blue-chip companies or tucked away money in insurance policies and fixed-income investments, confident that these assets would provide financial security for future generations.
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