Institutional investors, who they are, and why they matter to our markets.
Institutional investors include domestic and offshore pension funds, mutual and investment funds, insurers, and private equity investors. Over the last ten months, they made up almost all the value of shares traded on the Nairobi Securities Exchange, with offshore institutional investors accounting for nearly 60% of the value traded. In exchange, they become shareholders in the firms in proportion to the shares they purchase.
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