On Thursday 22nd November, Cytonn Asset Managers Limited, ”CAML”, the regulated affiliate of Cytonn Investments Management Plc conducted a training for Sacco Officials at the Cytonn Chancery Office along valley road. The training focused on educating the participants on the investment opportunities available in the alternative investments space.
James Mutura, a participant from Stima Sacco making a remark during the training
Patricia Wachira, Research Associate at Cytonn, speaking at the training noted that, while real estate continues to offer high returns averaging about 24.3 %, Sacco’s have continuously been shying away from the sector and preferred investing in traditional asset classes which generate an average return of 10.6%. “We expect Saccos to play a key role in realization of the Government big four agenda” she said. Saccos are anticipated to provide finances and other credit facilities to Kenyans as part of realizing the big four agenda. “ We can partner with Saccos in the following areas; housing schemes for Sacco members, short term investments such through structured products and uptake of real estate units” she further added.
Patricia Wachira, Research Associate taking participants through real estate investments
The highly interactive session had participants inquiring about what was driving the high returns in the alternative investments and the various alternative investments options that Cytonn provides and opportunities to collaborate with the firm.
Grace Weru, Chief Finance Officer at CAML also took the participants through structured products investments and noted that these products come in to bridge the gap between alternative and traditional investments. She went further to explain how structured products have proven to offer superior risk adjusted returns.
Grace Weru, Chief Finance Officer at CAML speaking during the training
The training concluded with site visits to the various investments ready projects offered by Cytonn Real Estate.
