Part of the “Diversify” series.
Many Kenyans in the Diaspora have expressed frustration of how their hard earned financial resources have been squandered by unscrupulous family members or friends entrusted with investing for them in Kenya.
The emergence of a new generation of investment firms assisting Kenyans in the Diaspora invest at home is a step in the right direction. With these firms, those looking to invest are provided with an alternative way of investing without necessarily having to depend on relatives or friends to execute their investment plan. Furthermore, many of these companies provide internet-based platforms, allowing one to monitor the performance of their investments more closely and in real-time.
A good example of such a firm is Cytton Investments, an investment house formed in 2015 by former Britam executives with Diaspora roots. The company structure and a physical office location in the USA clearly shows that they have the investment needs of Kenyans in the Diaspora in mind. The CEO of the company obtained his MBA from Wharton School of Business at the University of Pennsylvania (USA) and thereafter worked for large financial institutions such as Bank of America and KPMG. An article from CNBC Africa showcasing Cytton clearly shows this is an investment company on the rise and with great potential.
Cytton’s comprehensive collection of research, publications and topicals covering a wide range of financial topics is a good resource for anyone looking to invest in Kenya especially in new non-traditional investment products.
Cytton’s Diaspora site provides details of their US branch office, operation and product offering.
By money254.com staff – November 10, 2016
© 2017 Money254.com