Stanbic's Asset Management

In this episode recorded on 17.09.2024, we are joined by Stanbic Bank’s Asset Management Portfolio Manager Jimmy Karanu, and Head of Asset Management - Christian Mwirigi as we explore wealth creation with Stanbic Asset Management. We also discuss their product offerings, fees, investment allocation, asset classes, and risk management.Subscribe to get notified when we make a new post.Key Quotes“With as little as a thousand Kenya shilling, you can be able to partake in our money market offering, and with as little as 100 USD, you are able to partake in the U. S. dollar offering. That is quite intentional because from where we sit we want to equally provide accessibility to these solutions because we believe that's part and parcel of promoting financial inclusion.”“A money market fund is the safest form of what we call unit trusts that you can partake in. It is designed to ensure that the investments that are contained within that pool are as liquid as possible, are as stable as possible to be able to not only give you a competitive return, but also ensure that your funds are actually readily accessible should you need to access the money.”“When you look at money market funds, they are designed to minimize risk through something that is called diversification. At the end of the day, the structure of the fund is that, it being a pooled investment, you basically have what you call indirect exposure to multiple asset classes.”Show Notes00:00:00 Introduction and Career Journey0:03:58 Overview of Stanbic Asset Management 00:05:59 Understanding Unit Trusts and Key Players00:12:23 Product Offerings and Fees00:17:01 Investment Allocation, Asset Classes, and Risk Management 00:25:07 The Investment Process, and Value Dates00:29:38 Investing for the Long Term00:38:02 Future Plans and Diversification 00:44:32 Advice for Young Investors Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe