INSTITUTIONAL | ‘You Cannot Have a Regulated Entity Trading in Unregulated [Crypto] Products,’ Says Investment Officer, Faida Bank Kenya

The Chief Investment Officer of Faida Unit Trust Funds, Ian Kahangara, has shared why investment schemes in the country have, for the longest time, refrained from offering crypto investment opportunities. Faida Unit Trust Funds is an umbrella with 4 regulated collective investment schemes that includes: Oak Money Market Fund Oak Fixed Income Fund Oak Multi-Asset Special Fund KES Oak Multi-Asset Special Fund USD The Oak Fund, managed by Faida Investment Bank, is a smaller player than the top 10 schemes overall.