Mutual Funds Association of Pakistan (MUFAP) will hold its 2018 Yearbook launch soon in Karachi. MUFAP is the trade association representing Pakistan's asset management industry which comprises of 19 Asset Management Companies managing 281 Funds (in conventional and Shariah compliant range) with total assets under management (AUMs) of Rs 607 billion as of January 31, 2019.
MUFAP's role is to deal with regulatory and government authorities to address obstacles in growth of the mutual fund industry, to ensure transparency and high ethical conduct and growth of the mutual fund industry through creating public awareness and education about mutual funds and pension schemes.
MUFAP's Yearbook is an annual publication which contains industry data and statistics along with significant developments in the industry. The first publication was published in 2010 and over the years, the yearbook has significantly enhanced its quality and information and has established itself as a reliable source of information about the industry statistics and developments in the mutual fund and private pension industries.-PR
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