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Originally published by Capital Business
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business
August 27, 2026
3h ago

PSSF cuts reliance on government securities as assets hit Sh340.4 billion

PSSF cuts reliance on government securities as assets hit Sh340.4 billion

Government securities, which accounted for 99 per cent of the Fund’s portfolio in 2023, now make up 74 per cent, according to figures released...

✨ Key Highlights

The Public Service Superannuation Fund (PSSF) has significantly reduced its reliance on government securities, shifting towards equities and other investments to achieve higher returns. This strategic diversification has seen its assets grow to Sh340.4 billion.

  • PSSF assets now stand at Sh340.4 billion as of June 30, 2026.
  • Government securities now represent 74% of the portfolio, down from 99% in 2023.
  • Chief Executive Officer Jonah Aiyabei stated the diversification aims to balance risk, liquidity, and returns.
  • Quoted equities have emerged as the second-largest asset class at 14%.

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