CIC Asset Management oversees the biggest portfolio of assets under management. By the end of last year, it led in the collective investment schemes, managing Sh29.7 billion, a 396 per cent market share.
This is set to rise over the pandemic period as people seek investment opportunities offering favourable returns, low-risk and ease of access to funds during the uncertainty occasioned by Covid-19. Financial Standard spoke to CIC Asset Management Managing Director Stanley Mutuku on the industry trends and more.