[Nairobi, Kenya – 07 September 2026] Standard Investments Trust Funds (SITF), the umbrella fund managing the Mansa-X Special Funds powered by Standard Investment Bank, is now the largest Collective Investment Scheme in Kenya with a market share of KES 188Bn as at the end of June 2026. The Capital Markets Authority (CMA) Collective Investment Schemes Quarterly Report for Q2 2026 shows that the 23% AUM growth in the three months ending June 2026 pushed the fund to market leader commanding 20% of the total CIS Market Share currently at KES 948.7Bn.
The Mansa-X Special Fund – KES closed the quarter with a 64.8% market share in the Special CIS category with its AUM hitting KES 163.8Bn while Mansa-X Special Fund – USD placed second with KES 20.6 Bn in AUM, representing 8.1% of the market share.
SIB Executive Director for Global Markets, and Portfolio Manager of the Mansa-X Special Funds Nahashon Mungai, attributed the continued growth to rising investor demand for investment solutions that offer protection against market volatility, as well as the growing need to diversify portfolios beyond traditional asset classes. “Mansa-X provides investors with a highly diversified investment solution, providing unparalleled exposure to more than 200 assets across global markets creating a broad range of investment opportunities. This breadth of diversification and global market exposure is increasingly important to investors navigating an unpredictable market environment. SIB is proud of the progress Mansa-X has made and appreciates the commitment and dedication of our staff, and the trust from our clients in driving this achievement.”
On the other hand, Mansa-X Shariah Special Fund – KES grew 20% from KES 3Bn to close at KES 3.6Bn, while the Mansa-X Shariah Special Fund – USD saw a 13.4% increase from KES 528Mn to KES 599Mn by the close of Q2 2026 further cementing its position as the largest Shariah Compliant Investment Fund in Kenya.
SIB Executive Director for Islamic Investment Banking, Abdullahi Adan, said the growing uptake reflects increasing demand for ethical investment solutions in the Kenyan market, with Shariah Funds providing investors with an avenue to align their investments with their values. “Shariah-compliant investment products have continued to gain traction over the years, serving as both an alternative to and complement of conventional financial solutions. This growth is expanding access to investment opportunities for individuals and institutions seeking products that are consistent with their faith while meeting their financial objectives.”
The CMA Report showed that in the period ended June 30, 2026, the total assets under management by Collective Investment Schemes (CIS) amounted to KES 948.7Bn, an 11% increase from KES 851.7Bn reported in Q12026.
…ENDS….
Notes to Editors:
About Standard Investment Bank
Standard Investment Bank Limited is a leading investment bank in Kenya, licensed by the Capital Markets Authority. The firm provides a broad range of capital markets solutions, including equities trading, fixed income trading, corporate finance advisory, investment management, and placement services to institutional, corporate, and individual investors.
About Mansa-X Special Fund
The Mansa-X Special Funds are a Special Collective Investment Scheme (CIS), licensed and regulated by the Capital Markets Authority (CMA), and managed by the Standard Investment Trust Funds (SITF), the umbrella fund managed by SIB, within a unified governance, risk management, and investment oversight framework.
SITF oversees:
Mansa-X Special Fund – KES
Mansa-X Special Fund – USD
Mansa-X Shariah Special Fund – KES
Mansa-X Shariah Special Fund – USD
For more information, kindly contact:
Betty Kiptum
Senior Associate, PR and Communications
+254202277321
communications@sib.co.ke
