Kenyan investors are rotating from money market funds into special funds, whose share of collective-investment assets hit a record 23.9% in March 2026.
Africa · East Africa
Key Facts
—Market share shift. Money market funds fell from over 90% of CIS assets in 2021 to 51.9% by March 2026.
—Special fund growth. Special funds now hold 23.9% of total CIS assets, up from 6% five years ago.
—Yield gap. MMFs return 8–11% annually while special funds target 18–25%, with some delivering 29%.
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