CIC Launches Global Balanced Fund

CIC Insurance Group launched the USD-denominated Global Balanced Special Fund, giving Kenyans direct access to domestic and offshore investments. CIC Asset Management spreads funds across equities, ETFs, and fixed-income instruments to manage risk and enhance returns. The fund partners with Trade Development Bank and Swiss private bank Vontobel for offshore execution. CMA-approved, it targets medium- to long-term capital growth and lowers barriers for investors previously restricted to institutional funds.