The Capital Markets Authority (CMA) has granted licenses to four new players in a bid to bolster Kenya’s capital markets.
The new players are TPXM Global Kenya Limited, Point Forty Investment Advisory Limited, Silverhouse Capital Limited, and Enwealth Impact Debt Fund Limited.
The regulator licensed TPXM Global as a non-dealing online Foreign Exchange Broker. The firm will offer a variety of online trading services in foreign exchange, commodities, equities, and contracts for differences (CFDs) on underlying assets.
Point Forty Investment Advisory Limited has been licensed as an Authorised Securities Dealer (ASD). The adviser will provide customized investment solutions encompassing government securities such as treasury bills and bonds, as well as listed equities on the Nairobi Securities Exchange (NSE), targeting institutional, high net worth, and retail investors.
As a licensed Investment Adviser, Silverhouse Capital will guide clients such as corporates and institutions on portfolio management, asset allocation, and long-term investment strategies. Enwealth Impact Debt Fund Limited is mandated to mobilize and manage pooled capital for deployment into impact oriented debt instruments with both financial and developmental returns.
CMA granted approval to Etica to register the Etica Special Multi Asset Fund (KES) under the Etica Unit Trust Fund.
Additional Approvals by CMA
The authority has also granted approvals to Etica Capital Limited, Acorn Build-to-Rent Development Real Estate Investment Trust (D-REIT), and Myxeno Investment Management Limited, underscoring its dedication to expanding the range of investment products accessible to Kenyan investors.
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