[Kenya] Capital Markets Authority licenses Jubilee Financial Services to operate as a fund manager
The Board of the Capital Markets Authority (CMA) has approved the grant of a license to Jubilee Financial Services Limited to operate as a fund manager having met all requirements.
The grant of the license brings to 27 the number of fund managers licensed by CMA.
A fund manager is a manager of a collective investment scheme (such as a unit trust), registered venture capital company or an investment adviser who manages a portfolio of securities in excess of an amount prescribed by the Authority from time to time.