The Capital Markets Authority (CMA) has approved a new batch of investment schemes, including alternative and multi-asset funds, to enhance investment choices for Kenyan investors.

• These approvals include several collective investment schemes, new unit trusts, special funds, and an Alternative Investment Fund (AIF).
• The Capital Markets Authority (CMA) is the key organization responsible for these approvals.
• The move aims to deepen Kenya's capital markets and broaden investor access to regulated savings and investment opportunities, ranging from conservative to actively managed strategies, following a rise in fraud cases involving unlicensed schemes.