By Moses Omusolo
Fund Manager Zamara grows portifolio
Financial services firm Zamara has defied market turbulence to post an 84 percent increase in funds under its management.
According to its performance report, the funds mobilized under Zamara Fanaka Retirement Fund grew in excess of Sh12 billion to stand at 27.6 billion as of 2019, up from 15 billion in 2014.This means the pension and provident sections of the fund grew at about Sh5 billion annually. Chairman James Olubayi said the performance was attributed to significant growth in the number of pensioners.