SIB Mansa-X fund assets surge to Sh12 billion

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SIB Executive Director-in-charge of Global Markets Nahashon Mungai. PHOTO | POOL

Standard Investment Bank (SIB) multi-asset strategy fund Mansa-X recorded an 87 percent growth in assets under management to Sh12.4 billion in the year ended December as double-digit returns drew more clients.

The assets of the fund — which closed its fourth year since launch — stood at Sh6.6 billion a year earlier.

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