The Standard | by Wainaina Wambu
The country’s financial regulators led by the Central Bank of Kenya (CBK) have warned on the liquidity risks facing fund managers and pension schemes with an exposure to real estate.
This could lead to such investment managers being unable to pay matured returns or member benefits owing to a property slump in recent years now worsened by the Covid-19 pandemic.
“The pension schemes and fund managers who have invested in buildings and land face liquidity risks, occasioning delays in…
