Cytonn Investments Management Plc held its 2018 Market Outlook report release for its client, on 10th and 17th March at the Sarova Panafric Hotel, and on 24th March 2018 at Capital Club. The events were held to inform clients on Cytonn’s outlook of the 2018 macroeconomic and operating environment.
A section of clients at the event
“We have diversified our strategies in 2018, now with 5 pools of capital; institutional investors, high net worth investors, Cytonn co-operative, Cytonn diaspora and Cytonn Asset Management Limited, that has just received a fund management license from the Capital Markets Authority,” said Edwin H. Dande, CEO & Managing Partner at Cytonn.
Speaking on the 2018 market outlook, Stephanie Onchwati, Investment Analyst at Cytonn, noted that 2018 GDP growth is expected to come in between 5.3% and 5.5%. “GDP growth will be driven by recovery of the agriculture sector, continued strong growth in real estate and tourism sectors, public infrastructural investments as well as growth in the manufacturing sector,” said Stephanie.
L–R; Elizabeth Njenga, a client, posing for a photo with Edwin H. Dande, Cytonn’s Managing Partner & CEO and Prof. Olive Mugenda, Director of CES
“I am happy to be part of a group leading the education initiative, and will give my best to make it work,” said Prof. Olive Mugenda, Executive Director at Cytonn Education Services (CES). “I was attracted to join CES by the kind of people at Cytonn, and their leadership. The team is made up of result-oriented individuals who are committed to keeping their promises to clients,” she added.
Joyce Mwai, Project Management Analyst at Cytonn, speaking at the event
“Real estate being among the sectors that are expected to shape economic growth in 2018, Cytonn Real Estate remains committed, with 10 projects currently under mandate, and more projects in the deal pipeline,” noted Ann Nyambura, Project Management Analyst at Cytonn.
“We are committed to establishing a sound system of risk oversight and management, and internal control to identify, assess, monitor and manage material risk,” said Kimathi Muchiri, Internal Audit Manager at Cytonn. “Cytonn has minimized risk exposures by adopting a risk-centric culture, with an aim to continually identify and manage risks associated with our activities,” he added.
