Nairobi, July 20 -- For decades, the blueprint for passing down wealth in Kenya was largely predictable. Parents bought land, built rental apartments, accumulated shares in blue-chip companies or tucked away money in insurance policies and fixed-income investments, confident that these assets would provide financial security for future generations.

However, that is changing as affluent Kenyans increasingly move part of their wealth into professionally managed investment portfolios with exposure to international markets and alternative assets.

The latest Frank Knight Wealth Report shows that rich investors continued reducing their allocation to real estate in 2026 as they sought investments that offered stronger long-term growth prospect...