Absa Asset Management Limited (AAML), the asset management subsidiary of Absa Bank Kenya PLC, has received approval from the Capital Markets Authority (CMA) to register two new special funds.
The two products fall under the existing Absa Unit Trust Scheme.
The approval paves the way to introduce the Absa Global Multi-Asset Special Fund (USD) and the Absa Global Multi-Asset Special Fund (KES).
The two funds providing investors with additional opportunities to diversify their portfolios.
The Capital Markets Authority(CMA) confirmed that it had reviewed AAML’s application.
The Authority approved the registration of the two funds as additional sub-funds under the Absa Unit Trust Scheme. The approval is subject to AAML’s continued compliance with all guidelines and rules.
Absa Asset Managers to expand its Investment Offerings
AAML plans to launch the special funds soon. The offers currently comprises of the Absa Shilling Money Market Fund, Absa Dollar Money Market Fund, Absa Fixed Income Fund, Absa Balanced Fund, and Absa Equity Fund.
These funds are managed by AAML, providing investors with professionally managed investment solutions.
Elizabeth Irungu, the AAML Head, welcomed the approval, describing it as an important milestone in broadening investment opportunities for Kenyan investors.
She noted that though Special Funds give clients’ access to international markets.
The Kenyan markets continue to outperform with the Absa Equity Fund up 15% in the first half of 2026.
Additionally, the local focused products have the advantage of providing low ticket entry levels of Kes 1,000 and USD 100.
Why Absa Asset Management Limited launched the Special Funds
“At Absa Asset Management, we are constantly listening to our clients and developing products and solutions that speak to their aspirations. The approval of these funds expands the array of investment options available to our clients,” she said.
According to data from the Capital Markets Authority (CMA), Kenyan investors are increasingly embracing Special Funds.
The new Global Multi-Asset Special Funds are expected to offer investors access to diversified investment opportunities.
This is across multiple asset classes, enabling them to benefit from broader market exposure. Also another rider is a professionally managed and tailored investment strategy.
