State-owned pension fund’s total assets under management grew 17 per cent to hit Sh196.9 billion in the six months to June 2017, consolidating its position as the largest in the country ahead of private Pinebridge Investments East Africa.
The latest industry data published by the Retirements Benefits Authority (RBA) shows that National Social Security Fund (NSSF) asset value is now Sh20.6 billion higher than that of Pinebridge, which overtook NSSF as the largest fund in 2013 before falling back to second place at the end of 2016.
