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Why institutional investors matter in your personal finance journey
The success of microfinance in Kenya can be largely attributed to the deep-rooted Harambee spirit, which is an integral part of our social fabric. FILE PHOTO | SHUTTERSTOCK
Institutional investors include domestic and offshore pension funds, mutual and investment funds, insurers, and private equity investors.
Over the last 10 months, they made up almost all the value of shares traded on the Nairobi Securities Exchange (NSE), with offshore institutional investors accounting for nearly 60 percent of the value traded.