NAFA rating upgraded

Pacra has upgraded Asset Manager Rating of NBP Fullerton Asset Management Limited (NAFA) to AM1 (very high quality). This is the highest rating that an Asset Management Company can achieve. NAFA is among the only two Asset Management Companies in Pakistan that have been awarded an AM1 rating.
According to Dr Amjad Waheed, CEO - NAFA, this rating is a reflection of the performance of our funds, diversified investor base, and the quality of services that we offer to our investors. Dr Waheed further stated NAFA was the only Asset Management Company in the country that was managing over Rs 100 billion of investors' money, and had achieved an AM1 rating, in its 11th year of operations.-PR