Jubilee Asset Management crosses Ksh.20 billion in retail fund assets

The retail portfolio, comprising the Jubilee Money Market Fund (KES), Jubilee Fixed Income Fund (KES), and Jubilee Money Market Fund (USD), has grown over 1,000-fold in 34 months, positioning JAML among Kenya’s fastest-expanding fund managers.

This comes amid renewed momentum in Kenya’s fund management industry, where easing inflation and investor migration from traditional savings products have driven growth in Collective Investment Schemes (CIS). JAML reported an annualized growth rate of 167% in 2025.

In addition to its retail segment, the company manages over KSh 191 billion in institutional funds, bringing total AUM to KSh 211 billion, among the highest in the region.

JAML Chief Executive Officer Dominic Kiarie attributed the growth to increased investor confidence and the shift toward structured, professionally managed investment products. He noted that digital access, transparent reporting, and disciplined governance have strengthened the company’s market position.

The achievement aligns with the strong performance of Jubilee Holdings Limited (JHL), which recorded a 22% rise in profit after tax to KSh 3.06 billion for the first half of 2025, up from KSh 2.51 billion in the same period last year.