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CMA Kenya Approves Mema Asset Management Fund Manager Licence and Four New Sub-Funds

CMA Kenya granted Mema Asset Management Limited a fund manager licence authorising investment management services to local and international investors including institutional and high net worth individuals. The Authority also approved CPF Asset Managers Limited to add the CPF Multi-Asset Special Fund (an open-ended fund targeting private equity, private debt, offshore investments and unlisted securities in Kenya, selected regional markets and globally) under its existing umbrella scheme. Additionally, Dyer & Blair Investment Bank Limited received approval for three sub-funds under the Dyer & Blair Unit Trust Scheme: Dyer & Blair Fixed Income Fund (USD), Dyer & Blair Global Multi Asset Strategy Special Fund (KES) and Dyer & Blair Global Multi Asset Strategy Special Fund (USD).