18.03.2016 - Norway fund picks Centum unit Nabo as assets manager (Kenya)
Nabo Capital, a subsidiary of investment firm Centum, has been appointed one of the asset managers of Norway’s sovereign wealth fund, the world’s largest at $818 billion (Sh83 trillion). Nabo, which was established three years ago, was among 11 fund managers picked by the oil revenue-funded Government Pension Fund Global late last year while eight others were dropped. The inclusion of Nabo in the list of the fund’s 73 external managers will see the company earn fees as it invests the undisclosed sums in the continent’s equities and fixed income securities...............................................Full Article: Source
Print