In contrast, PICIC Asset Management is managing six open-end funds and two closed-end funds with a clientele of 40,000 investors. Like its acquirer, PICIC Asset Management also manages two stock funds in addition to income and money market funds.
Investors Flee From Billionaire Wang's Wanda Shares, Bonds Bloomberg.
Each of the two companies has total assets of less than Rs1 billion, which makes them a part of the nine-member group of the smallest non-life insurance companies. In the case of an ... But the board of the post-acquisition entity will likely be.
President Xi Jinping's recent call for opening China's market more quickly by improving the investment and market environment for foreign companies highlighted a sense of urgency at the top about the country's progress toward this goal as a self.
Law360, New York (December 7, 2016, 12:41 PM EST) -- Investors over the last few weeks have filed or sought to revive claims at the International Centre for the Settlement of Investment Disputes targeting Latvia, Montenegro and St. Lucia over disputes.
Although the company is just one-and-a-half years old, its AUM have surpassed many well-established AMCs that are backed by strong financial institutions, such as KASB Funds, PICIC Asset Management and Habib Asset Management. Returns of Primus .
On behalf of your Board, I present to you the Half Yearly Financial Report for Advance Frontier Markets Fund Limited ("the Company ... negative sentiment towards the asset class impacted Africa Opportunity Fund, Picic Growth Fund and VinaCapital Vietnam.
According to a press statement issued by NIB Bank, the divestment of its stake in NAFA will allow NIB to continue its focus on the asset management business through its 100pc owned subsidiary, PICIC AMC. PICIC AMC through its 3 funds (PICIC Growth Fund.
The second best-performing equity fund in 2015 was Alfalah GHP Stock Fund. Its investors received a year-on-year return of 18.22% in 2015. It is managed by Alfalah Investments, the asset management company in which Bank Alfalah controls a 40.2% stake.
KARACHI: The asset management subsidiary of Habib Bank Limited (HBL) will acquire 100% shares in PICIC Asset Management for Rs4.1 billion, a stock filing said on Tuesday. Subject to regulatory approvals and the final share purchase agreement, HBL .