Mutual funds launched

Published April 17, 2007

KARACHI, April 16: The UBL Fund Managers Ltd. recently launched its mutual funds and advisory services in the United Arab Emirates. UBL Fund Managers is currently managing four open-end mutual funds with assets under management worth Rs14 billion, becoming the largest private sector asset management company (in terms of AUM) amongst all open-end funds, says a press release. It added that the launch of the UBL Fund Managers in the UAE helps broaden UBL’s growing presence in global markets.

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