Nairobi, Aug. 16 -- The National Social Security Fund (NSSF) is planning to deepen its investments in offshore listed share and private equities as it looks to diversify its portfolio from domestic government securities and property markets.

The State-backed pension fund is seeking to appoint an investment manager to establish and manage an offshore multi-asset portfolio, largely denominated in foreign currencies like the US dollar and will form the foundation of its alternative investments programme.

This will help the fund reduce its exposure to government securities, which currently constitutes 70 percent of its portfolio, with a total of Sh389 billion invested, as of June 2025.

The fund is also seeking to deploy its new found cash ...