Crosby Asset Management Ltd will launch three Mutual Funds in the next 6 to 12 weeks. The CEO of Crosby Asset Management, Mumtaz Hameed, while talking to reporters after the seminar on 'Asset Banked Securities in Pakistani Context' on Tuesday stated this.
He said that the two mutual funds of Rs 500 million each would be launched and were waiting for approval. He said that another private equity fund of Rs 1.5 billion would be launched in the next three months.
The technical seminar was also addressed by State Bank Governor Dr Ishrat Husain.