Cytonn’s regulated fund up 17pc despite troubles

Cytonn chief executive Edwin Dande. FILE PHOTO | NMG

Cytonn Investment’s regulated pooled funds grew 17 percent to Sh960.2 million in the quarter to March 2021 despite challenges faced by the firm over its unregulated products.

The latest data from the Capital Markets Authority shows the firm had Sh819.4 million assets under management in December but has since grown to claim 0.8 percent market share.

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