Madison Unit Trust Fund Celebrates 25 Years at 15th AGM

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Madison Unit Trust Fund Celebrates 25 Years at 15th AGM
Madison Unit Trust Fund Celebrates 25 Years at 15th AGM

What You Need to Know

Madison Investment Managers Limited held its 15th Annual General Meeting on April 17, 2026, celebrating 25 years of operations in Kenya. The company reported total funds of Sh25 billion and plans to introduce a new US dollar fund, aiming for growth to Sh36 billion this year. Management highlighted strong returns and digital expansion strategies.

Africa-Press – Kenya. Madison Investment Managers Limited closed 2025 with total funds of Sh25 billion, with Unit Trust Funds about Sh16 billion. Rebecca Tiba, the Managing Director of Madison Investment Managers, also told Unit Holders at the Annual General Meeting (AGM) held on Friday, April 17, 2026, that the Fund will this year introduce a new US dollar fund, giving investors more investment options.

“This year is an exciting year because we are celebrating our 25th year of operations in Kenya. Our funds over the years have grown to Sh25 billion – both for corporate clients and unit trusts”, she said.

“This year, 2026, we are projecting growth of total funds to Sh36 billion,” she said, even as she added that the firm has in place plans to expand reach as it rolls out its digital strategy.

“Our growth has mostly come from corporate and retail clients. We have an aggressive strategy on digital, and we have in place a mobile app, a self-service portal as well as a USSD platform. We also have products for diaspora clients and are also launching a US dollar fund.

“Officials from Madison Investment Managers share a light moment after the firm’s Annual General Meeting (AGM), led by Mark Anthony Ngare, Investment Manager at Madison Investment Managers Ltd.

The firm is set to celebrate 25 years of growth and key milestones this year. /HANDOUTThe US Dollar Special Fund will be in addition to the money market, fixed income and wealth special funds that the company manages.

MarkAnthony Ngare, the Investment Manager said that the US dollar fund is designed to help investors get currency exposures with good returns. Officials from Madison Investment Managers share a light moment after the firm’s 15th Annual General Meeting (AGM).

From left: Mark Anthony Ngare, Investment Manager at Madison Investment Managers Ltd; Rebecca Tiba, Managing Director of Madison Investment Managers; Emily Kigen of Standard Chartered Bank, the Corporate Trustee; Madison will this year celebrate 25 years of growth and other key milestones.

/HANDOUTHe explained that the returns for unit holders from the three other funds have been above the market averages.

“Looking at the funds that we have, we posted good returns last year compared to the market.

For the Money Markey Fund, being able to give an average return of 12% compared to the benchmark rate of 7% , was fairly good. It was the case for the other funds which were generally above the market,” he said.

At the Madison Unit Trust Fund AGM, management presented the Funds’ financial results and other details of the fund to unit holders and also responded to their queries.

Founded in 1996, Madison Investment Managers has established itself as a key player in Kenya’s investment landscape. Over the past 25 years, the firm has grown its assets significantly, adapting to market changes and client needs. The introduction of new funds and digital strategies reflects its commitment to innovation and client service in a competitive financial environment. The company has consistently focused on delivering strong returns for its investors, contributing to its reputation in the investment community.

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