The National Social Security Fund (NSSF) pulled Sh33.6 billion in assets from fund managers that run part of its portfolio in the six months ended December 2023, according to new disclosures.
The increased in-house investments resulted in a hit to the portfolio of NSSF assets managed by African Alliance Kenya Investment Bank Limited, an external manager to the fund, to Sh21.1 billion from Sh46.4 billion in June 2023.
