NSSF cash under fund managers down Sh19.5bn - News Summed Up

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NSSF cash under fund managers down Sh19.5bn


Market News NSSF cash under fund managers down Sh19.5bnNSSF headquaters. FILE PHOTO | NMGBy CONSTANT MUNDAMore by this Author Summary Data by the Retirement Benefits Authority (RBA) shows NSSF cash externally managed by four fund managers contracted by the fund dropped to Sh190.26 billion in June 2021. Investments internally managed by NSSF in the review period soared 65.42 percent to Sh89.41 billion from Sh54.41 billion. Data by the Retirement Benefits Authority (RBA) shows NSSF cash externally managed by four fund managers contracted by the fund dropped to Sh190.26 billion in June 2021 from Sh209.76 billion last December. “We normally bring fund managers on board through a procurement process and through the rigors of the procurement process, we take the best.


Source: The North Africa Journal November 02, 2021 21:02 UTC



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