BUSINESSTHE RIO TIMES
Kenyans Shift Savings to Special Funds as MMF Yields Decline
Kenyans are shifting savings from money market funds (MMFs) to special funds as MMF yields decline. MMFs' market share dropped from over 90% to 51.9% of CIS assets between 2021 and March 2026, while special funds grew from 6% to 23.9% of total CIS assets. Special funds target annual returns of 18–25%, compared to MMFs' 8–11%.
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Related Signal
Adjacent reporting
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- Kenya Startup Funding Slows Sharply as Investors Pivot to Quality Over Quantity
- Kenya: Treasury Reverses 2026 Economic Growth From 5.3pc to 5pc
- Kenya: Pending State Bills Push SMEs to Alternative Financing
- Kenya Opens Its Capital Markets to a New Wave of Funds