Last week, the protests across China over the country’s strict zero-Covid policies rattled global markets as concerns grew over the effect of possible unrest on the world’s second-largest economy and the leading manufacturing hub.

The Retirement Benefits Authority (RBA) said the contraction in the assets by 2.16 percent to Sh1.514 trillion was due to volatility in the financial markets and the political campaigns ahead of August’s general elections.

RBA presentation Link