mwekez@ji wrote:Realtreaty wrote:Hehheeeee

life like that!!!!
Centum Investment Company has ventured into fund management business after receiving a licence to open a new asset management subsidiary.
Centum Asset Managers Limited (CAM) will start off managing a portfolio of Sh6 billion, the firm said on Monday in a statement
>How profitable is Asset Management? Net profit margin figures are welcomed
>Centum has been having a portfolio of assets under management. How different is that from what they are now talking about?
Asset managers usually charge a fixed management fee of 1% - 2.5% of the total portfolio value...
They also charge a performance fee of 10% - 25% of profits earned in a particular preiod. This is depends on the funds perfomance and is usually charged after beating a basic benchmark...
Mark 12:29
Deuteronomy 4:16