Schemes dump NSE stocks for risk-free bonds

Nairobi Securities Exchange trading floor. FILE PHOTO | NMG

Pension schemes’ appetite for riskier investments reduced to 22 percent in the first quarter from 39 percent reported in the previous quarter owing to the Covid-19 pandemic.

The 2020 first quarter Zamara Consulting Actuaries Schemes Survey (Z-CASS) report shows schemes took the 'cash' flight to avert loss of value by reducing stakes in listed companies.

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