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CMA licenses three fund managers as African Alliance drops investment banking

Capital Markets Authority (CMA) CEO Wyckliffe Shamiah on April 29, 2021. PHOTO | LUCY WANJIRU | NMG

By  Edna Mwenda

Business Reporter

Nation Media Group

The Capital Markets Authority (CMA) has licensed three fund managers, bringing the number to 29.

African Alliance Kenya Asset Managers Limited, CPF Financial Services Limited, and Kuza Asset Managers Limited will operate as fund managers in the capital markets.

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