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SIB multi-asset fund MansaX grows Sh5.6bn in three months
The dollar-denominated segment of the fund grew the fastest (by 22.5 percent) in the quarter from $38.6 million (Sh4.9 billion) to $47.3 million (Sh6.1 billion).
Standard Investment Bank (SIB) multi-asset fund MansaX grew by Sh5.6 billion or 17 percent in the third quarter to the end of September.
The fund's growth to Sh38.4 billion from Sh32.8 billion in June is attributable to a combination of inflows from new investors and reinvestments by existing ones.
