Sanlam Tops Kenya’s Money Market Funds as CMA Reports Industry Growth

Nairobi, August 15, 2025 — The Capital Markets Authority (CMA) has ranked Sanlam Unit Trust as Kenya’s leading money market fund, controlling 19.1 percent of the market with assets under management worth Ksh 113 billion.

According to the CMA’s latest quarterly report, CIC Unit Trust followed in second place with a 15.7 percent share (Ksh 93 billion), while Standard Investment Unit Trust placed third at 12.9 percent (Ksh 76 billion).

Top Market Leaders

• Sanlam Unit Trust — 19.1% share, Ksh 113B

• CIC Unit Trust — 15.7% share, Ksh 93B

• Standard Investment Unit Trust — 12.9% share, Ksh 76B

• NCBA Unit Trust — 4th

• Britam Unit Trust — 5th

• Absa, Old Mutual and others rounded out the top 10.

Wider Market Trends

The CMA noted that money market funds now account for 62.5% of all collective investment scheme assets, cementing their dominance in Kenya’s investment landscape. Industry-wide, collective investment schemes reported total assets of Ksh 596.3 billion.

Beyond money markets, the report pointed to growing interest in special funds and fixed-income funds, suggesting that Kenya’s investment market is steadily maturing and diversifying.

✅ This framing not only reports the rankings but also signals the broader trend of institutional investor confidence in money market products while hinting at sector diversification.