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Collective trust funds or Collective Investment Trusts (CITs) are a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund’s declaration of trust. [1] Typically, a collective trust pools assets from corporate and governmental profit sharing, pension ...
The houses and apartments constructed using a US$5.2 million (KSh450 million) fund will be sold to Society members at between KSh2.8 million and KSh4.5 million (US$33,000 - US$52,000). The program is expected to roll out in other Kenyan urban centers after the Nairobi opening.
CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring , cash management , treasury management , mortgage loans , Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
Imarisha Cooperative Savings and Credit Society Limited, also known as Imarisha Sacco Limited, but often referred to as Imarisha Sacco, is a savings and credit co-operative society (Sacco) in Kenya, the largest economy in the East African Community. Imarisha Sacco is a small financial services provider in Kenya.
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ClearBridge Investments, LLC. ClearBridge Investments (ClearBridge) is an equities focused asset management firm headquartered in New York City. It was previously the asset management unit of Citigroup until 2005 when it was rebranded as ClearBridge Investments. Currently it is a subsidiary of Franklin Templeton Investments .
The company also operates multi-manager unit trusts each of which in turn own a share in a number of underlying funds, as well as its own internally managed equity funds under the HL Select brand. The group also provides financial advisory, stockbroking and annuity broking services to private investors and advice to companies on group pension ...