Three fund managers earned Sh1.09 billion in investment management fees for overseeing the externally managed assets of State-controlled National Social Security Fund (NSSF) in the year to June 2025, latest disclosures by the fund show.
The fees were shared by GenAfrica Asset Managers Limited, African Alliance Kenya Asset Management Limited and Co-optrust Investment Services Limited, which managed a combined portfolio of Sh517.96 billion for the NSSF.
