Fund managers see growth as virus revives Kenyans’ savings culture

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.