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Why fund managers are piling into offshore investments
Offshore investments are the fourth most popular asset class for fund managers who oversee investments on behalf of the nearly 2.5 million Kenyans invested in unit trusts.
Fund managers grew investments in offshore assets such as foreign company stocks, gold, and exchange-traded funds (ETFs) by more than two-fold due to higher returns and ease of entry and exit.
The value of assets sunk into listed offshore securities by collective investment schemes soared by 161.1 percent in three months to June 2025 to reach Sh50.2 billion, up from Sh19.2 billion in March, according to data from the Capital Markets Authority (CMA).