CIC Asset Management
CIC ASSET MANAGEMENT COMPANY
CIC Asset Management Limited (“CICAM”) is a wholly owned subsidiary of CIC Insurance group, a company quoted at the Nairobi Securities Exchange. CICAM was incorporated in 2007 and was licensed as a fund manager by the Capital Markets Authority, Kenya in June 2009. In 2013, CICAM was licensed by the Retirement Benefits Authority, Kenya pursuant to fulfilling the mandatory statutory, operational capacity and relevant professional expertise as prescribed under the Act.
The Company has remained a key player in the investment space and continues to record exemplary performance. It is by virtue of this performance that the company share capital base was increased from Kshs 11 Million to Kshs 311 Million by way of capital injection in 2011 by the CIC Insurance Group Ltd to support and sustain future growth.
CICAM has specialized in the management of investment portfolios for pension fund schemes, collective investment schemes and private clients. Our goal is to attain our vision of “being the preferred provider of superior investment management and related financial services through the co-operative spirit”.