Where the rich grow money for their children

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.