(Photo: Wilberforce Okwiri/Standard)Kenneth Kaniu, CEO, Britam Asset ManagersWith that kind of money, first I would advise him to divide the money into passive and active investments. ALSO READ: Kenya’s Sh221 million SportPesa mega jackpot winner unveiledWhat some countries do is that they fail to give out all the money to the winner while the rest is put in an annuity fund where they receive a decent amount for the rest of their lives. Abdulraman Hussein, an investment analyst at AIB CapitalWith Sh221 million, he can put his money in the capital market. If he is risk averse, he can buy government securities—the Treasury Bills and Treasury Bonds. If he puts his money in equities, he could make a loss but he can also make high returns.

Source: Standard Digital May 03, 2017 04:52 UTC