Kenyan Wall Street | by Jackson Okoth
The Capital Markets Authority (CMA) of Kenya has raised concerns over complaints it has received from investors in a fund run by Cytonn Investments Management Plc.
In an affidavit filed at the High Court in Nairobi, the regulator (CMA) states that investors are unable to redeem the cash they invested in Cytonn High Yield Fund (CHYF).
A letter dated 21st September 2020 by CMA to Cytonn is seeking for the fund manager to resolve these investor complaints it has received against the investment firm…
