{"id":1805,"date":"2015-07-07T11:17:28","date_gmt":"2015-07-07T11:17:28","guid":{"rendered":"http:\/\/digitaldips.pk\/?p=766"},"modified":"2016-02-20T19:08:43","modified_gmt":"2016-02-20T19:08:43","slug":"ubl-funds-bags-two-awards-at-the-ipo-market-development-summit","status":"publish","type":"post","link":"https:\/\/www.digitaldips.pk\/index.php\/2015\/07\/07\/ubl-funds-bags-two-awards-at-the-ipo-market-development-summit\/","title":{"rendered":"UBL Funds Bags Two Awards at the IPO Market Development Summit"},"content":{"rendered":"

<\/span><\/b>UBL Fund Managers Limited (UBL Funds) received two awards at the IPO Market Development Summit organized by South Asian Federation of Exchanges Pakistan (SAFE)at a ceremony held at the Pearl Continental Hotel, Lahore on June 04 2015.<\/span><\/p>\n

\"UBL-awards-Photo-release\"<\/a><\/p>\n

UBL Fund Managers, one of the leading asset management companies in Pakistan and a subsidiary of UBL Bank claimed their awards in two major categories at the Summit.First category was of \u201cIslamic Instrument IPO Award \u2013 2014\u201d; and the other category was \u201cMaximum Mutual Fund IPOs Award \u2013 2014.\u201d Earlier in 2013, UBL Funds had also won the Most IPO\u2019s launched award at the Pakistan IPO Summit in February 2014.<\/span><\/p>\n

UBL Funds launched 3 Islamic Instrument IPO\u2019s in 2014 raising over PKR 4.5 Bn in AUM. This is a distinct achievement for an Asset Management Company for which they received the award for Islamic Instrument IPO award 2014. The funds launched include, Al Ameen Islamic Principal Preservation Fund \u2013III (AIPPF-III) (inception date: 20.6.14), Al Ameen Islamic Principal Preservation Fund \u2013IV (AIPPF-IV (Inception date: 16.10.14) and Al Ameen Islamic Principal Preservation Fund \u2013 V (AIPPF-V) (Inception date: 26.12.14).<\/p>\n

The second award conferred upon UBL Funds was for launching the Maximum Mutual Fund IPO s in 2014. UBL Funds launched four new Mutual Funds IPOs in 2014 raising a cumulative amount of PKR 6 Billion. The funds launched under this category include – UBL Principal Protected Fund \u2013 III (UPPF-III ) (Inception date: 6.3.14), Al Ameen Islamic Principal Preservation Fund \u2013III AIPPF-III (Inception date: 20.6.14), ), Al Ameen Islamic Principal Preservation Fund \u2013IV (AIPPF-IV) (Inception date: 16.10.14) and Al Ameen Islamic Principal Preservation Fund \u2013 V (AIPPF-V) (Inception date: 26.12.14).<\/span><\/p>\n

Speaking of the occasion, Mir Muhammad Ali, CEO UBL Funds, said \u201cIt is a great honor for us to have received these awards. We are extremely grateful to our investors for placing their trust in us and endeavor to continue reaching new heights whilst keeping our investors needs at the forefront of our business decisions whilst also keeping the larger objective of economic growth effort in Pakistan.\u201d<\/span><\/p>\n

He further added that \u201cThis achievement encourages us to continue adding to our product portfolio. It also indicates that investors in Pakistan have an appetite for unique products and have diverse investment needs. We at UBL Funds strive to fulfill the needs of our investors. \u201d<\/span><\/p>\n

Both the Islamic Instrument IPO and the Maximum Mutual Fund IPO Awards reflect UBL Funds agility in product development and their commitment to meeting demands of their customers. The Company is a pioneer in launching the internationally renowned CPPI based principal protected funds in Pakistan and has a sound and professional track record of over 14 years as one of the leading Asset Management Companies in Pakistan.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

UBL Fund Managers Limited (UBL Funds) received two awards at the IPO Market Development Summit organized by South Asian Federation of Exchanges Pakistan (SAFE)at a ceremony held at the Pearl Continental Hotel, Lahore on...<\/p>\n","protected":false},"author":6,"featured_media":2394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[186,181,185],"tags":[210,227,250,347,390],"acf":[],"_links":{"self":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/1805"}],"collection":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/comments?post=1805"}],"version-history":[{"count":2,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/1805\/revisions"}],"predecessor-version":[{"id":2786,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/posts\/1805\/revisions\/2786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/media\/2394"}],"wp:attachment":[{"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/media?parent=1805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/categories?post=1805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.digitaldips.pk\/index.php\/wp-json\/wp\/v2\/tags?post=1805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}