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Markets » Mutual Funds

SECP tightens regulations for AMCs
Mutual Funds

SECP tightens regulations for AMCs

Securities and Exchange Commission of Pakistan (SECP) has directed all asset management companies (AMCs) to comply with additional regulatory requirements for money market funds and income funds in line with the policy recommendations of International Org
Published 31 Jan, 2016 12:00am
SECP exempts mutual funds from IFRS-10
Mutual Funds

SECP exempts mutual funds from IFRS-10

The Securities and Exchange Commission of Pakistan has directed that the requirements of consolidation under section 237 of the 1984 Companies Ordinance and International Financial Reporting Standard-10 (IFRS-10) will not apply to investment by companies
Published 30 Jan, 2016 12:00am
UBL Funds, Samba Bank sign agreement
Mutual Funds

UBL Funds, Samba Bank sign agreement

UBL Fund Managers Limited (UBL Funds) and Samba Bank Limited have entered into an agreement enabling a distribution alliance of UBL Funds' products through Samba Bank Limited. The signing ceremony was held at Samba Bank's Head Office in the presence of Sh
Published 30 Jan, 2016 12:00am
UBL Funds, Samba Bank sign agreement
Mutual Funds

UBL Funds, Samba Bank sign agreement

UBL Fund Managers Limited (UBL Funds) and Samba Bank Limited have entered into an agreement enabling a distribution alliance of UBL Funds' products through Samba Bank Limited. The signing ceremony was held at Samba Bank's Head Office in the presence of Sh
Published 30 Jan, 2016 12:00am