Exclusive: Genghis Capital Taps EGM Securities for Services Expansion

Genghis Capital, an investment bank in Kenya, has partnered with EGM Securities, a regulated Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term broker in the country, to expand its offerings with the alternative asset classes.

Shared exclusively with Finance Magnates, Genghis new services will include online currencies, commodities, global indices, precious metals, and oil, along with global stocks in high demand.

“Our quick to market approach to partner with Genghis was made possible by being part of a global group of companies with access to teams of specialists who can efficiently develop bespoke solutions for banks and brokerage houses, no matter the ask,” Samwel Kiraka, CEO of EGM Securities, said.

EGM Securities is the Kenya-based operations of Equiti Group. It is one of the only three regulated brokers in Kenya and was the first to receive the license.

“Our ambition is to be the premier provider of multi-asset products in Kenya, East Africa, and the rest of Africa. We will achieve this by partnering with well-respected corporates such as Genghis,” Kiraka added.

Responding to the post-COVID-19 market demand

The brokerage also reacted quickly to keep up with the market demand amid COVID-19 pandemic and added tech, airline, and oil stocks, along with some popular pharma companies which are actively working on vaccines for Coronavirus Coronavirus The outbreak of Covid-19 or Coronavirus in early 2020 has since redefined the financial services industry. Brokers have been forced to quickly adapt to several changes, both positive and negative.This includes the FX industry, which saw surges in volumes across the retail and institutional space in Q1 2020. This trend can be explained by an outflow of volatility, coupled with countries taking major moves to stabilize their respective economies.In conjunction with uncertainty caused by the virus, The outbreak of Covid-19 or Coronavirus in early 2020 has since redefined the financial services industry. Brokers have been forced to quickly adapt to several changes, both positive and negative.This includes the FX industry, which saw surges in volumes across the retail and institutional space in Q1 2020. This trend can be explained by an outflow of volatility, coupled with countries taking major moves to stabilize their respective economies.In conjunction with uncertainty caused by the virus, Read this Term.

“We are always looking to expand our offering while focusing on making investing an easy and straightforward process,” Kenneth Minjire, head of securities for Genghis Capital, added.

“We consider the partnership with EGM Securities as part of that mandate. We want to offer our clients additional options and exposure when it comes to investment vehicles. Since EGM Securities is regulated by the Capital Markets Authority of Kenya and Genghis has sophisticated clients willing to explore new asset classes for attractive returns, a partnership between our two companies is a natural fit.”