ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investments Schemes) Regulations, 2023
51. Principles of administration of a collective investment scheme
Edition: 2023-12-15 · In force
51. Principles of administration of a collective investment scheme
A fund manager shall administer a collective investment scheme—(b)by acting in the best interests of participants and, if there is a conflict between participant’s interests and the fund manager’s own interests, give priority to participants’ interests;(c)with skill, care and due diligence; and(d)be guided by the Stewardship Code for Institutional Investors, 2017, issued by the Authority.