Wednesday, March 20, 2013

Uganda's pension fund - The National Social Security Fund to invest in Kenya stocks

(Reuters) - Uganda’s sole state pension fund said on Wednesday it would start investing in Kenyan debt and equities and establish a private equity fund to expand its Ugandan investments into unlisted companies.

The National Social Security Fund is one of the biggest investors in the country, with assets of Ush 2.74 trillion (US$1.04 billion) last year, and has about Ush 130 billion (US$49.3 million) to invest every month from contributions.

Kenya offers a more varied array of

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