The Pakistan Credit Rating Agency (Pacra) has maintained asset manager rating of Atlas Asset Management Limited (AAML) at "AM3+." The rating reflects the company's strong capacity to master the risks inherent in asset management and the asset manager meets high investment management industry standards and benchmarks.
The rating reflects the company's experienced management team, effective risk management framework, and a structured investment process. Given increasing competition in the asset management industry, AAML is working on launching new funds to offer more options to potential investors.
Moreover, AAML is expanding its outreach, with a focus on leveraging the established franchise of Atlas group in addition to utilising infrastructure of different group companies for developing distribution setups.-PR