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CMA Approves New Investment Schemes
Kenya expanded its regulated investment products after the Capital Markets Authority approved eight new Collective Investment Schemes and several sub-funds, raising the total to 57. CMA CEO Wyckliffe Shamiah said CIS assets surpassed KSh 600B, reflecting growing demand from retail and institutional investors. The new products include money market, equity, fixed-income, multi-asset, and dollar-denominated funds. The approvals aim to deepen capital markets, diversify options, and strengthen investor protection.
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