UBL Fund Managers, one of the leading asset management companies in Pakistan announced the launch of its latest value-added service for clients, called UBL Funds "Tele-Transact". This service will allow UBL Funds clients place transactions in their investment account by simply calling the company's toll-free number.
While similar services are offered by banks under the ambit of Phone Banking, this is the first time such a facility has been introduced in the mutual funds industry by any Asset Management Company.
According to Chief Executive Officer, Mir Muhammad Ali, CFA, this service is in line with the company's objective to make the investment experience as easy and convenient for clients as possible. He said "Generally people perceive investment processes to be long and cumbersome. We have redefined how things work - now clients have the flexibility and freedom to manage their account at their fingertips. No need to fill physical forms and send them to branches for processing. It really can't get easier than this."
UBL Fund Managers is currently managing investments of over Rs 44 billion on behalf of its investors. The company enjoys a "High Management Quality" Rating of "AM2" assigned by JCR-VIS Credit Rating Company.-PR
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