Funds in unit trusts operated by Cooperative Bank of Kenya, Sanlam and Cytonn Investments more than doubled in the year to September last year, pushing the total in regulated investment schemes close to Sh100 billion.
Latest data from the Capital Markets Authority (CMA) show that Co-op Unit Trust Scheme assets under management jumped 147 times to Sh1.47 billion as that of Sanlam grew 2.87 times to Sh5.74 billion.
