Absa Securities Limited

• Initial Public Offerings (IPOs)
  First-time public share offerings enabling listing and growth capital raising.
• Rights Issues and Follow-On Offerings
  Additional share issuances by listed companies to raise new equity.
• Accelerated Bookbuilds (ABBs)
  Rapid equity placements completed within 24–48 hours for institutional investors.
• Block Trades
  Large-volume share transactions executed to minimise market impact.
• Private Placements (Equity)
  Direct placements with selected institutional or strategic investors outside public markets.
• Convertible and Equity-Linked Instruments
  Hybrid securities that may convert into equity, offering investor upside and lower issuer coupons.

ASL is a pioneer in the Kenyan market, being the first brokerage firm to introduce ETFs locally.

An ETF (Exchange Traded Fund) is an investment vehicle traded on a stock exchange, similar to shares. Most ETFs are passively managed index funds designed to track an index, sector, or commodity such as gold or platinum.

Key features of ETFs:

• Combine the returns of traditional tracker funds with the liquidity of listed securities
• Traded at market prices that closely reflect the net asset value of underlying assets
• Suitable as core, long-term portfolio investments
• Gains and losses arise from price changes in the underlying assets

NewGold ETF

ASL is the appointed market maker for the NewGold ETF in Kenya - the first product of its kind in the market. The NewGold ETF provides investors with exposure to international gold prices, long considered a low-risk preserver of wealth and a key portfolio diversifier.

Satrix MSCI World Feeder ETF

ASL also serves as market maker for the Satrix MSCI World Feeder Exchange Traded Fund (ETF) in Kenya. The Satrix MSCI World ETF seeks to track the performance of the MSCI World Index, providing investors with diversified exposure to large  and mid-cap companies across developed global markets within a single instrument. This ETF enables Kenyan investors to access a broad basket of international equities, supporting long term portfolio growth, risk diversification across geographies and sectors, and efficient participation in global market performance.

Tito Munene Namu

Qualifications: BSc Information Systems Technology, USIU; CISI and ICIFA certified.

Tito brings over 12 years’ experience in Kenya’s equity market, with prior roles at African Alliance Kenya, Equity Investment Bank, and Renaissance Capital.

Eric Malachi Oduor

Qualifications: BBA (Finance & Accounting), Kenya Methodist University; ATS & CISI certified; CFA Level I candidate.

Eric leads equities desk flow origination and execution for local and international institutional clients, with over 10 years of capital markets experience.