Gen Z investors build Sh9bn stake in StanChart’s asset fund

Investors under the age of 30 now control Sh9 billion in Standard Chartered Bank Kenya’s SC Shilingi Fund, indicating the rapid rise of younger savers. The fund has grown to Sh30 billion in assets under management in less than four years, with over 70% of investors being under 40. This trend aligns with global patterns, where nearly a third of Generation Z have started investing by early adulthood, driven by mobile apps and online financial content.