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Bear market sees shift to property, offshore investments

PHOTO: COURTESY

The bear run that has seen most stocks at Nairobi Securities Exchange (NSE) dip into red zones has made investors move their money from equities into property and offshore investments.

The latest investment survey by Alexander Forbes shows in the period to June 2016, returns on equity dropped by an average of 1.7 per cent to 5.2 per cent, causing investors to reduce their investments in shares.

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