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From tiny to mighty, Faysal Funds crossed Rs. 100 billion AUMs mark

by Pakistan Latest News Update

KARACHI – 4 years in the past, Faysal Funds was one other asset administration firm in Pakistan. As we speak, with property below administration of over PKR 100 Billion as of 30th Nov 2022, Faysal Funds has skilled a development of over a thousand p.c.

The driving forces on this development have been the corporate’s diversified product providing, together with an revolutionary deal with digital merchandise, making funding options accessible to each investor.

In an interview, Khaldoon Bin Latif, CEO – Faysal Funds stated, “I am pleased to see the way Faysal Funds continues to shape up and move forward. Serving our customers is in our DNA and this unprecedented growth is a key indicator of customers’ confidence and financial stability and reaffirms our commitment to offer great value to our customers”.  He additionally added, “It is the trust and patronage of our valued investors and shareholders that has enabled us to scale so rapidly despite challenging market situations. Staying true to our vision of serving the wide-ranging needs of our customers, we continue to progress and serve the society at large.”

A subsidiary of Faysal Financial institution Restricted (FBL), Faysal Funds (Faysal Asset Administration Restricted) is an Funding Supervisor that gives structured and customised skilled funding options to its home and worldwide clientele. Faysal Funds is licensed by SECP to hold out 5 (5) companies i.e. asset administration, funding advisory, pension funds administration, non-public funds administration, and REIT administration.

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