KURA Asset Managers has officially entered Uganda’s investment management market, targeting individual savers, families, institutions, SACCOs, investment clubs and Ugandans living abroad.
The company says its goal is to make professionally managed investments more accessible and encourage more Ugandans to participate in the country’s capital markets.
KURA Chief Executive Officer Ronald Kasolo said the company wants to go beyond adding another asset manager to the market by helping more people turn their savings into long-term wealth.
“Our opportunity is therefore bigger than introducing another asset-management company. It is to deepen participation in Uganda’s investment markets and help more individuals, families and institutions convert today’s capital into sustainable wealth for tomorrow,” Kasolo said.
The launch comes as Uganda’s collective investment scheme market continues to grow. According to Capital Markets Authority figures, assets under collective investment schemes increased from Shs731 billion in June 2021 to Shs6.02 trillion by March 2026, with more than 220,000 funded investor accounts. More recent estimates have placed the market at above Shs7 trillion.
Collective investment schemes allow fund managers to pool money from several investors and invest it according to the objectives and rules of a particular fund.
KURA says its investment approach focuses on protecting investors’ capital, managing risk and generating returns over the long term.
Kasolo said the company has designed its products to cater for people at different stages of their financial journey, from first-time investors to those looking to preserve and transfer wealth to future generations.
“Our focus is to meet investors where they are, whether they are starting, growing, preserving or transferring wealth to the next generation,” he said.
The company is also targeting Ugandans living abroad, who regularly send money home for purposes such as school fees, supporting relatives, construction and starting or expanding businesses.
KURA says eligible diaspora Ugandans will be able to invest in its funds in either Uganda shillings or US dollars, subject to the required identification and verification procedures.
The company also says investors living outside Uganda can initiate withdrawals through its digital platform, giving them access to their investments without having to be physically present in the country.
Kasolo said the company is responding to growing interest from investors who want professionally managed investment products, greater transparency and options for investing in both Uganda shillings and US dollars.
He said investors are increasingly interested not only in how much they can save, but also in how their money is performing and whether their investments are sufficiently diversified.
KURA’s long-term goal, according to Kasolo, is to make investment management part of the way Ugandans routinely build, preserve and transfer wealth.
“We want investment management to become an intentional part of how Ugandans build, preserve and transfer wealth across generations,” he said.
However, KURA noted that returns from collective investment schemes are not guaranteed and depend on the performance of the underlying assets.
