Sanlam now beats CIC in unit trust assets base

Sanlam House on Kenyatta Avenue in Nairobi.  

Photo credit: File | Nation Media Group

Sanlam has toppled the CIC Group to become the largest collective investment scheme (CIS) fund manager in the country on the back of its renewed focus on institutional clients.

The Sanlam Unit Trust Scheme registered a 44 percent growth in assets under management (AUM) in the first three months of the year to Sh90.2 billion from Sh62.7 billion in December 2024.

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Note: The results are not exact but very close to the actual.