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Lofty Corban Hits KES 4 Billion Assets Under Management

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Lofty Corban Money Market Fund in Kenya
Lofty Corban Company Secretary Eunice Adoyo Arwa, CEO Stanley Mutuku, KCB Trustees' Rose Limo and Equity Bank's Gregory Ndiritu at the AGM.
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Investment management company Lofty Corban has announced plans to roll out a specialized global fund. Speaking during the inaugural annual general meeting for Lofty Corban Unit Trust members, CEO Stanley Mutuku announced that the firm’s global specialized fund is expected to boost investors’ earnings.

This will bring the total number of investment products to seven, adding to the current Money Market, Special Money Market, Equity, Bond, USD Money Market, and USD Bond Funds. “It is a key element of our innovation and demonstrates the depth to which we have gone to listen and respond to investors. We appreciate that markets are dynamic and, using our expertise and networks, have developed a robust product designed to give investors an enhanced experience with unit trusts,” said Mr Mutuku.

He explained that the company’s unit trusts had registered phenomenal growth since inception barely three years ago. Total assets under management grossed at KES 4 billion at the end of May 2025, reflecting a solid 645% growth from KES 388.48 million recorded in December 2023.

Mr Mutuku added that the Collective Investment Scheme had also reported immense bottom-line growth, delivering over KES 225 million in profit after tax across its fund offerings.

> All About Lofty Corban Money Market Fund in Kenya

As a result, Lofty-Corban is now ranked 16thout of 45 fund managers in Kenya, demonstrating its capability as an investment management partner and wealth builder of choice for discerning investors. “These figures reflect our financial strength and the deep trust which our over 10,000 clients have placed in us in less than two years,” said Mutuku.

Lofty Corban Board Chairman, Mr George Wafula, echoed his remarks, noting that with the firm having successfully held its inaugural annual general meeting for members of the collective investment scheme, the firm had demonstrated its strength and maturity in productive investment management despite its youthful age.

“Despite macroeconomic headwinds and political uncertainty, we remained resilient and focused on our mission—to deliver value through disciplined, customer-centric fund management,” he said.

> Top 10 Money Market Funds in Kenya as of May 2025

Written by
BT Reporter -

editor [at] businesstoday.co.ke

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