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SIB Mansa-X fund assets surge by Sh10.7bn in months on investments
The multi-asset fund has maintained its portfolio diversification stance with the shilling fund’s top 10 holdings covering fixed-income instruments, the Nasdaq 100 index, the Japanese Yen, interest rate derivatives, and sugar.
Standard Investment Bank (SIB) multi-asset fund Mansa-X recorded a 48.4 percent growth in assets under management to Sh32.8 billion in the six months ended June 2024.
The fund's assets stood at Sh22.1 billion at the end of December 2023, meaning that it has added Sh10.7 billion to its stockpile.
