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Unit trust assets under Lofty-Corban cross Sh1bn
Fresh data from the Capital Markets Authority shows that the units’ assets under management rose to Sh225.4 billion in March from Sh215.1 billion in December last year.
Lofty-Corban Investment attained a milestone after the assets the unit trust manages crossed the Sh1 billion within the first nine months of operation.
Starting nine months ago, the Collective Investment Scheme doubled the assets under management to Sh1.13 billion from Sh459 million in December last year.
