Kenya pension funds shift Sh105bn offshore to cut domestic market risks
Nairobi, Sept. 13 -- Kenyan pension funds are moving more retirement savings into global markets, with offshore holdings rising 25 percent in the year to June,2026 to hit Sh104.99 billion as managers seek protection from domestic risks.
The shift puts a growing share of workers' retirement savings into global technology and developed-market funds, including major portfolios managed by BlackRock and Franklin Templeton.
The trend comes as the pension industry crosses the Sh3 trillion mark, up from Sh2.5 trillion a year earlier, giving fund managers a much larger pool of capital to allocate beyond Kenya's financial markets.
The Retirement Benefits Authority (RBA) data shows that offshore investments increased from about Sh84 billion in Ju...
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