Absa Asset Management has received approval from the Capital Markets Authority (CMA) to launch two global multi-asset special funds.The regulator approved the Absa Global Multi-Asset Special Fund (KES) and the Absa Global Multi-Asset Special Fund (USD) as sub-funds under the existing Absa Unit Trust Scheme.
The approval expands Absa’s product offering from five to seven funds, adding global multi-asset investments to its existing money market, fixed income, balanced and equity funds.
The move comes as Special Funds continue to gain traction among investors. According to CMA data, the funds managed Ksh203.5 billion by March 2026, accounting for 23.9% of Kenya’s collective investment scheme assets.
