CPF Financial Services, through its subsidiary CPF Capital and Advisory Limited has been licensed by the Capital Markets Authority (CMA) as both a REIT Manager and Investment Adviser.
The REIT Manager license will enhance CPF’s presence in the real estate sector, building on its portfolio restructuring and feasibility services.
As an Investment Adviser, CPF will guide clients in managing risks and achieving growth through innovative financial solutions.
AKN Investments Limited has been granted approval as an Authorized Securities Dealer license from its prior Investment Advisor license, enabling it to expand its services to institutional investors.
Moran Capital Management Limited has been licensed as an Investment Adviser to focus on private equity, stock trading, and unit trusts, among other areas.
Entrust Advisory Limited was granted an Investment Adviser License, specializing in equities trading, fixed income, and business expansion advisory.
Future Construkt Investment Managers Limited has been approved as a REIT Manager to leverage its expertise in real estate advisory and development.
Givva Wealthtech Limited was licensed as an Intermediary Service Platform Provider, with a mission to foster financial inclusion through secure technological platforms offering licensed investment products.
Octagon Pension Services Limited has been granted approval to operate as Octagon Unit Trust Scheme, which comprises five sub-funds; Octagon Money Market Fund; Octagon Balanced Fund; Octagon Fixed Income Fund; Octagon Equity Fund; and Octagon USD Dollar Money Market Fund.
Trademax Global Markets (KE) Pty Ltd has been granted a non-dealing online foreign exchange broker license. The firm is part of the TMGM Group, which also has operations through regulated businesses in Australia, New Zealand, and Mauritius.
The Authority granted a Money Manager License to Store Poa Enterprise Limited, who are seeking to leverage their expertise in technology to provide comprehensive online trading solutions for individuals and businesses.
The CMA Chief Executive Officer, Wyckliffe Shamiah, said: “These licenses are key to aligning the capital markets with the national Government agenda of enhancing the savings to GDP ratio by offering Kenyans a broader range of investment opportunities in the capital markets.”