Kenya: Jubilee Takes Investment Advisory Services to Mt. Kenya Region

By Kevin Rotich

Nairobi — Jubilee Asset Management Limited has opened a financial advisory centre in Meru, expanding its services to the Mt. Kenya and Upper Eastern regions.

The centre, located at Royal Business Park along Tom Mboya Street, is the company's fourth in Kenya, complementing its existing outlets in Nairobi and Mombasa.

Jubilee Asset Management says the centre will offer free financial advisory services and investment support to individuals, businesses and institutions seeking to make investment decisions.

Speaking during the launch on Wednesday, Acting Chief Executive Officer Cliff Bakashaba said the expansion would bring investment advisory services closer to customers outside major cities.

The Kenya National Chamber of Commerce and Industry Meru Chapter CEO Kiogora Mbui said the presence of financial institutions in regional towns could improve access to investment advice and support the growth of local businesses.

Meru serves as a commercial hub for the wider Mt. Kenya and Upper Eastern regions, with economic activity spanning agriculture, trade, education, healthcare and transport.

Jubilee Asset Management, a wholly owned subsidiary of Jubilee Holdings, said its assets under management have grown to more than Sh276 billion since it began operations in December 2022.

The portfolio comprises more than Sh35 billion in retail investment funds and over Sh241 billion in institutional funds.

The company said the Meru centre would complement its JAMHub self-service portal, which allows customers to open and manage investment accounts remotely.

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