Zimele Asset Management Company Limited

Zimele Asset Management Company, Limited

Company type	Private
Industry	Financial services
Founded	August 1, 1998;27 years ago (1998-08-01) in Nairobi, Kenya
Headquarters	7th floor, Ecobank Towers, Muindi Mbingu Street, Nairobi [1] , Kenya
Products	Investments, Money Market Fund, Balanced Fund, Pension Funds, Asset Management
Website	www.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

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

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

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. "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.^{[ permanent dead link ]}
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.^{[ permanent dead link ]}
14. "Top 100 Companies | Participate in Kenya". Archived from the original on 2018-09-09. 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.