Cytonn Holds it's Q’3 Company & Market Updates Event at Radisson Blu

Nov 9, 2017

On 9th of November 2017, Cytonn Investments held its Q’3 Company and Market Update Event at Radisson Blu, Nairobi. The event that also included a session dubbed ‘Open to Talk’, an initiative by Cytonn Investments meant to facilitate an open and transparent engagement, was attended by over 200 Cytonn clients. It was a make-up of a previous similar event held at Villa Rosa Kempinski in October, to provide an opportunity to those clients who did not make it to the first event.

Clients were updated on the various initiatives that the company is undertaking.

Edwin Dande, our Managing Partner & CEO, took the opportunity to reiterate Cytonn’s commitment to delivering the best returns to its clients. He emphasized that Cytonn aims to ensure transparency in all its undertakings. “We take this opportunity to keep you abreast of the status of our affairs, in line with our fiduciary duty of handling your investment,” he said.

Elizabeth N. Nkukuu, Senior Partner and Chief Investment Officer at Cytonn, took the clients through the market updates. While at this she noted that, “Real estate has delivered higher returns than traditional asset classes over the years”. Commenting on the operating environment, she pointed out that Kenya’s H1’2017 GDP growth rate came in at 4.7%, while the FY’2017 GDP growth rate is expected to be 5%.

Speaking at the event, Grace Weru, Finance and Administration Manager at Cytonn, noted, “Despite 2017 being a prolonged electioneering year, our total assets have grown from Kshs 12.5 bn to Kshs 18.5 bn.”

The event culminated in a Q&A session where clients got to engage with Cytonn’s Management Team on matters concerning the firm and their investments.

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