Subsidiary assets grows to Sh11b, sees bright future ahead

Britam Group Managing Director Benson Wairegi expects the fund manager to scale greater heights.

Nairobi; Kenya: Britam subsidiary, British American Asset Managers (Baam)’s assets rose to Sh11.6 billion as at June 2014, representing a 36 per cent share of the market, where 12 other firms are competing for this business segment.

Effective investment management and advisory services has also seen the company manage an expanding portfolio of Sh55.5 billion worth of investments across various asset classes – fixed income, equities, property, offshore and private equity.