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Britam 2018
tom_boy
#21 Posted : Wednesday, January 23, 2019 12:30:37 PM
Rank: Member


Joined: 2/20/2007
Posts: 767
rwitre wrote:
Ericsson wrote:
Britam to invest ksh.1.4bn in Gulf energy and will in turn get a stake of about a quarter

https://www.businessdail...6752-11mgjcv/index.html


Funds used to buy a stake in the 80MW Heavy Fuel Oil Athi River Power Plant owned by Gulf energy.


Mbele iko sawa Applause


If I understand correctly, this is Britam Asset Managers buying for their high net worth clients fund. This means the upside if any for Britam insurance co is limited to the fees that the asset managers will earn. Is this true?
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
Ericsson
#22 Posted : Wednesday, January 23, 2019 12:39:21 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,678
Location: NAIROBI
tom_boy wrote:
rwitre wrote:
Ericsson wrote:
Britam to invest ksh.1.4bn in Gulf energy and will in turn get a stake of about a quarter

https://www.businessdail...6752-11mgjcv/index.html


Funds used to buy a stake in the 80MW Heavy Fuel Oil Athi River Power Plant owned by Gulf energy.


Mbele iko sawa Applause


If I understand correctly, this is Britam Asset Managers buying for their high net worth clients fund. This means the upside if any for Britam insurance co is limited to the fees that the asset managers will earn. Is this true?


Britam assets managers also reports financial results which has;
Unrealised loss on investments
Realised gain on investments
Dividend Income
Interest Income
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
tom_boy
#23 Posted : Wednesday, January 23, 2019 12:56:20 PM
Rank: Member


Joined: 2/20/2007
Posts: 767
Ericsson wrote:
tom_boy wrote:
rwitre wrote:
Ericsson wrote:
Britam to invest ksh.1.4bn in Gulf energy and will in turn get a stake of about a quarter

https://www.businessdail...6752-11mgjcv/index.html


Funds used to buy a stake in the 80MW Heavy Fuel Oil Athi River Power Plant owned by Gulf energy.


Mbele iko sawa Applause


If I understand correctly, this is Britam Asset Managers buying for their high net worth clients fund. This means the upside if any for Britam insurance co is limited to the fees that the asset managers will earn. Is this true?


Britam assets managers also reports financial results which has;
Unrealised loss on investments
Realised gain on investments
Dividend Income
Interest Income


Yes, but the incomes acrue to the asset fund investors. The listed company Britam only makes the fees charged on the fund investors.
They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
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