Pension schemes should think about investing in infrastructure - 6 days ago, 19:00

By: Kenneth Kaniu

Amid increasingly difficult economic conditions and volatile markets, pension funds are grappling with diminishing and volatile returns from traditional asset classes — including Treasury bonds and bills, equities, corporate bonds and bank deposits.

These were previously proven sufficient from return and risk management perspectives. But their returns have become less attractive and more positively correlated, resulting in lower returns while losing their diversification elements. Pension funds should look towards alternative investments such as private equity, property and infrastructure.


Most local pension schemes are familiar with private equity and property investments. But infrastructure, too, is an emerging asset class, which portends huge potential benefits for pension funds with regard to return enhancement and portfolio risk mitigation. It also enables them to participate in the country’s infrastructure development agenda.

In recognition of this, the government is advocating pension fund participation in public-private partnerships (PPPs), even designating key projects, including the ...
Read More

Category: topnews oped news opinion


1 hour ago
Interpol is not looking for Joho over drug links, DCI says

Police have cleared Mombasa Governor Hassan Joho over allegations that he was wanted by Interpol for trading in drugs within the country and beyond. Director of Criminal Investigations George Kinoti ...

Category: topnews news counties
43 minutes
Two nurses attacked by patients at Mama Lucy Hospital

Two nurses at Mama Lucy Hospital in Nairobi are receiving treatment after being attacked by patients on Saturday night. According to police officers, three civilians arrived at the hospital and ...

Category: topnews news
1 hours ago, 13:22
Rachel, wife of Dutch paedophile suspect speaks out

Kitui-based wife of the Dutch national facing defilement charges in court was shocked to learn that her husband had been jailed in the Netherlands for the same offenses of sexually molesting underage ...

Category: topnews news counties
1 hours ago, 13:12
Two Kenya Airports Authority employees arrested over theft of luggage straps

Detectives from the Directorate of Criminal Investigations (DCI) on Saturday morning arrested two Kenya Airports Authority (KAA) employees for stealing luggage straps. Evans Okola Agunda, an Aircraft ...

Category: topnews news
31 minutes
Raila pleads with striking nurses to resume work

ODM leader Raila Odinga has pleaded with striking nurses across the country to resume duty for the sake of suffering patients.Speaking during a funeral ceremony in Samia sub county on Saturday, Raila ...

Category: topnews news
1 hours ago, 12:52
Storm over exorbitant hospitals parking fees

Three months after senators flagged out what could amount to extortion of motorists by hospitals in exorbitant parking fees, there is no letup in their stranglehold of their visitors. Hospitals, ...

Category: topnews news