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Foreign currency unit trust assets double to Sh71 billion
The CMA attributed the sharp growth in assets under management and investor numbers to concerted marketing efforts through various digital channels by unit trust providers.
The value of foreign currency denominated assets under management in unit trusts doubled to Sh71.3 billion in the year to September 2025 from Sh34.9 billion a year earlier as investors hedged against potential economic shocks by diversifying their portfolios from shilling assets.
The sharp growth was also driven by the larger number of funds that have started offering dollar-linked unit trusts, which offer investors access to offshore bonds and equities assets.
