Eric Karanja
Eric Karanja is a Portfolio Manager at Britam Asset Managers, where he provides insights into the growing interest in dollar-denominated money market funds in Kenya, linking the trend to both speculation and the need for investors to hedge against inflation and currency depreciation.
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Kenya:
Eric Karanja explained that the decision for concentration in these asset classes is informed by regulations as provided by RBA.
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Kenya:
Eric Karanja notes that the demand for dollar-denominated MMFs is partly associated with how the shilling performed in 2023 heading into 2024.
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