Britam Asset Managers

Britam launches two special funds to widen global investment access

Britam launches two special funds to widen global investment access

3 min read

Britam Asset Managers has launched two special funds in Nairobi following regulatory approval to give local investors access to global equities and mixed asset portfolios.

The company announced the launch on 8 Oct 2026 after the Capital Markets Authority approved both funds in August.

The launch expands investment choices for Kenyan investors seeking long-term growth and diversification beyond local markets.

“These funds are the next step in widening the choices available to investors as their needs and ambitions evolve,” said Britam Asset Managers Chief Executive Officer Barack Obatsa.

The products are the Britam Enhanced Global Equities Special Fund and the Britam Multi Asset Special Fund.

Britam said both funds target investors seeking long-term growth through a broader range of local and international investment opportunities.

The global equities fund gives investors access to international companies across several industries rather than restricting their investments to the local market.

Britam said its areas of focus include technology and artificial intelligence, healthcare and life sciences, energy and the digital economy.

The multi-asset fund combines local and global investments within one portfolio.

Its investment mix includes equities, fixed income and commodities according to Britam.

The distinction gives investors a choice between a global equities-focused product and a portfolio that spreads investments across different asset classes.

Britam said the new products extend an offering previously built around accessible local investments.

Obatsa said the wider investment choices would be backed by the company’s research and risk management.

Britam Group Managing Director and CEO Tom Gitogo said Africans already participate in the global economy as consumers and businesses.

Gitogo said they should also have opportunities to own stakes in the companies driving that economy and participate in their growth.

The launch comes during expansion in Kenya’s collective investment scheme industry.

Assets reached Ksh948.7 billion in June according to CMA figures cited in the release.

That represented growth of 59.1 per cent from a year earlier.

Britam said it manages more than Ksh300 billion and ranks among Kenya’s five largest asset managers.

The company also said it leads the fixed income category after managing more than Ksh55 billion in assets as of July.

The announcement did not provide minimum investment amounts or fee details for either fund.

Britam Holdings Plc is a diversified financial services group listed on the Nairobi Securities Exchange.

The group operates in Kenya, Uganda, Tanzania and Rwanda.

It also operates in South Sudan, Mozambique and Malawi.

Its services include life and general insurance, health insurance and retirement planning.

The group also offers trust services, asset management, banking and property services.

Britam Asset Managers has launched two CMA-approved special funds offering local investors access to global equities and mixed asset portfolios. The launch comes as Kenya’s collective investment scheme assets reached Ksh948.7 billion in June.

Britam Asset Managers plans two special funds after CMA approval

Britam Asset Managers plans two special funds after CMA approval

3 min read

Britam Asset Managers plans to launch two special funds at Britam Towers on 8 Oct 2026 following approval by the Capital Markets Authority.

The company’s media invitation said the funds would expand its investment offering as Kenyan investors seek more choice and diversification.

The invitation said investors were seeking “access to opportunities beyond traditional markets” but did not identify the assets the funds would target.

The planned launch matters to Kenya’s investment market because Britam intends to broaden the choices available to local investors.

The invitation said the Capital Markets Authority had recently approved the two funds.

It did not give the approval date.

The funds remain unnamed in the invitation.

It also provided no details of their investment strategies ahead of the launch.

The event will take place at the Parking Silo on the 12th floor of Britam Towers in Upperhill.

The invitation gives the launch time as 8.30am to 10.30am and addresses business editors and reporters.

Britam Holdings Plc Group Managing Director and CEO Tom Gitogo is among the executives listed to attend.

The invitation also lists Nairobi Securities Exchange Plc CEO Frank Mwiti and Britam Asset Managers CEO Barack Obatsa.

Other members of Britam Holdings Plc’s senior leadership are expected to attend according to the invitation.

The document does not specify speaking roles for the named executives.

It includes no comments attributed to them.

Britam links the expansion to investor demand for diversification but provides no figures showing the scale of that demand.

The invitation presents the funds as additional investment choices rather than giving a detailed account of how either product will operate.

It does not disclose minimum investment amounts or identify whether the funds will be available to retail investors or other investor groups.

The document also leaves fees and withdrawal terms unspecified.

Those details would help prospective investors compare the funds with other investments and assess whether the products match their needs.

The reference to opportunities beyond traditional markets does not establish whether the funds will invest in Kenya or elsewhere.

The invitation gives no allocation targets or performance objectives for either fund.

Investors therefore cannot assess the proposed portfolios or their risks from the launch notice alone.

The invitation does not say when subscriptions will open or whether that date will coincide with the launch.

Britam’s next announced milestone is the launch at Britam Towers on 8 Oct 2026.

Britam Asset Managers plans to launch two special funds on 8 Oct 2026 following Capital Markets Authority approval. The media invitation names senior Britam executives and Nairobi Securities Exchange CEO Frank Mwiti among those expected to attend.