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Zimele Asset Management Company Limited

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Zimele Asset Management Company, Limited
Company typePrivate
IndustryFinancial services
FoundedAugust 1, 1998; 26 years ago (1998-08-01) in Nairobi, Kenya
Headquarters
7th floor, Ecobank Towers, Muindi Mbingu Street, Nairobi[1]
,
Kenya
ProductsInvestments, Money Market Fund, Balanced Fund, Pension Funds, Asset Management
Websitewww.zimele.co.ke

Zimele Asset Management Company, also Zimele (from Zulu, independent), is a Kenyan investment company licensed by the Retirement Benefits Authority (RBA) and the Kenyan Capital Markets Authority (CMA).[2][3][4] The company offers financial products and services such as unit trusts, pension funds, fund management services,[5][6][7][4] and investment advice.

With over Ksh 3 billion in funds under management, Zimele is one of the top fund managers in Kenya.[8][9][4][10] The company has always targeted retail or individual clients, although it also provides investment advisory services to a range of corporate clients.[11][12]

History

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The company was founded in August 1998 as a co-operative society under the name Zimele Multi-Purpose Co-operative Society Ltd.[4][13]

In 2018, Zimele Asset Management was named in Kenya's Top 100 Mid-Sized Companies survey conducted by KPMG and Nation Media Group.[14]

In 2019, the corporation blog was nominated for the BAKE Award in the category "Best Corporate Blog" but lost to the blog of "brightermonday.co.ke".[15][16][17]

Governance

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Zimele's board is chaired by Dr. David Ndii. Other board members are Mrs. Njeri Kariuki, Mr. George Ooko, and Mr. Peter Waa.[18]

References

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  1. ^ "Contacts Us - Zimele Asset Management Company". Zimele Asset Management Company. Retrieved 2018-08-13.
  2. ^ "Individual retirement benefits schemes registered with rba". www.rba.go.ke. Retrieved 2018-08-13.
  3. ^ "List of Licensees". www.cma.or.ke. Retrieved 2018-08-13.
  4. ^ a b c d "About Company - Zimele Asset Management Company". Zimele Asset Management Company. Retrieved 2018-08-13.
  5. ^ "Fund Managers". Kenyan Wallstreet. 2015-11-19. Retrieved 2018-08-13.
  6. ^ "Products - Zimele Asset Management Company". Zimele Asset Management Company. Retrieved 2018-08-13.
  7. ^ Kwach, Julie. "Best performing unit trusts in Kenya". Tuko.co.ke - Kenya news. Retrieved 2018-08-13.
  8. ^ "Unit trusts profit from Nairobi bourse share price gains". The East African. Retrieved 2018-08-13.
  9. ^ "2 more unit trusts options for investors". Daily Nation. Retrieved 2018-08-13.
  10. ^ Dennis Paul & Associates (2019-12-31). ZIMELE UNIT TRUST MONEY MARKET FUND REPORT TO THE UNIT HOLDERS (PDF) (Report). Zimele Asset Management Company Limited. Retrieved 2020-05-24.
  11. ^ "Do you plan to invest? Why unit trusts are worth exploring". Daily Nation. Retrieved 2018-08-13.
  12. ^ "Dry Associates targets the deep-pocketed with Sh1 million unit". Business Daily. Retrieved 2018-08-13.
  13. ^ "Society targets capital markets". Daily Nation. Retrieved 2019-08-20.
  14. ^ "Top 100 Companies | Participate in Kenya". Retrieved 2018-12-14.
  15. ^ "Here are the Nominees for the BAKE Awards 2019". Retrieved 2020-05-24.
  16. ^ "Here are the BAKE Awards 2019 winners". Retrieved 2020-05-24.
  17. ^ "Career Blog & HR Advice". BrighterMonday Kenya. Retrieved 2021-05-05.
  18. ^ "Board of Directors - Zimele Asset Management Company". Zimele Asset Management Company. Retrieved 2018-08-13.
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