Top Wealth Management And Investment Companies In Kenya

Top Wealth Management And Investment Companies In Kenya Wealth Management, Money, Investment Management, Sanlam Asset Management, Asset Management, Investment Fund, Centum, KCB, Cytonn, NIC, Home Afrika, Olympia Capital Holdings, ApexAfrica Capital, Dyer & Blair

The Kenyan economy has been growing for the last five years reaching 5.9% in 2019.  According to the World Bank, this growth makes Kenya one of the fastest growing economies in Sub-Saharan Africa.

The World Bank projects that medium-term gross domestic product growth (GDP) will continue rise to 5.9% in 2020 and 6.0% in 2020 underpinned by private consumption, a pick-up in industrial activity and still strong performance in the services sector.

With the growth being witnessed, investment opportunities are at an all time high and with those opportunities successful investment companies have risen.

Wealth Management

According to Investopedia, wealth management is an investment advisory service that combines other financial services to address the needs of affluent clients. It is a consultative process whereby the advisor gleans information about the client's wants and tailors a bespoke strategy utilizing appropriate financial products and services.

Investment Management

Investopedia also defines investment management as the handling of financial assets and other investments - not only buying and selling them. Management includes devising a short- or long-term strategy for acquiring and disposing of portfolio holdings. It can also include banking, budgeting, and tax services and duties, as well.

Top Wealth Management And Investment Companies In Kenya

(1) Centum

Centum Investment Company PLC is one of the East Africa’s leading investment company listed on the Nairobi Securities Exchange and Uganda Securities Exchange.

It was founded in 1967 as Industrial and Commercial Development Corporation Investments (ICDCI) and rebranded to Centum Investment Company PLC (Centum) in 2008. Centum’s total assets exceed Ksh 66 Billion (c. US$ 655 Million) as at 31st March 2018.

(2) Cytonn Investments

Cytonn Investments is an investment and real estate company, with offices in Nairobi - Kenya and DC Metro area - U.S. Their investments solutions are based on four main products: real estate, structured solutions, private equity, and advisory.

(3) NIC Securities Limited

NIC Securities Limited is the investment arm of NIC Bank. The recent merger between NIC Bank and Commercial Bank of Africa gave birth to NCBA Bank. It specializes in trading of secondary stocks, securities, bonds, treasury bills, and corporate shares.

(4) Home Afrika

Home Afrika was founded in 2008 as an investment group before incorporating into a fully fledged limited liability company. The company is today listed on the Nairobi Securities Exchange (NSE) having been the first one to list on the Growth Enterprise Market Segment (GEMS) of the Exchange.

(5) Olympia Capital Holdings

Olympia Capital Holdings Limited, formerly Dunlop Kenya Limited (DKL) was initially established as a branch office of Dunlop UK in Kenya in 1968.  OCHL main investments are in companies dealing in the manufacture and sale of products used in  the construction industry such as floor tiles, adhesives, UPVC windows and door frames, cleaning chemicals as well as fire equipment, water pumps and real estate. The Group had a turnover of Kshs.774mn (USD9.1mn) in FY  2011 which was a  growth of 16% over FY 2010. PBT in FY12 nearly doubled from FY 2011

(6) KCB Capital Ltd

KCB Capital Ltd. is a fully owned subsidiary of the KCB Group set up as the investment arm of the group so as to provide strategic and financial advice to meet the growing and dynamic needs of institutional and individual clients, as well as governments.

(7) Dyer & Blair

Dyer & Blair Investment Bank engages in regional investment banking, securities, investment management, and other financial services with both Individual and institutional clients. It is regulated by the Capital Markets Authority.

(8) ApexAfrica Capital Ltd

ApexAfrica Capital Ltd (Apex) was licensed as HAK Securities Ltd, on 27th June 1994 and has since become one of the premier brokerage houses operational on the Nairobi Securities Exchange (NSE). The range of their services includes: Stockbroking (for securities listed on the NSE), portfolio management, research and corporate finance. In 2015, Apex became part of AXYS Group (based in Mauritius).

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