Arvocap latest to enter Kenya’s asset management market

Money market funds account for the biggest share of assets under management at Sh148.61 billion or 65.9 percent, according to official data from CMA.

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Locally-owned firm Arvocap Asset Management has entered the market targeting the unit trust sector, which is attracting more players.

The firm’s Collective Investment Scheme (CIS) has been licensed by the Capital Markets Authority and will start operations this week.

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Note: The results are not exact but very close to the actual.