Imran Rashid Ibrahim

PICIC Asset Management Co. Ltd. (PICIC AMC) is the Pakistani asset management subsidiary of HBL Asset Management Ltd., ultimately held by Aga Khan Development Network Foundation in Switzerland. Pakistan Industrial Credit & Investment Corporation Ltd., the pioneer development finance institution in Pakistan, established the firm in 2004 under the provisions of NBFC Rules, 2003 to undertake asset management (open-end fund) and investment advisory (closed-end fund) services. Based in Karachi, PICIC AMC manages closed and open-end schemes and provides investment advisory services to provident/pension funds and corporates.

HBL Investment Fund is a closed-end investment fund/investment trust. Its objective is to maximize the wealth of the unit holders by investing primarily in listed equities in the available opportunities, while considering acceptable risk parameters and applicable rules and regulations. The company was founded in 1941 and is headquartered in Karachi, Pakistan.

HBL Growth Fund is a open-End Investment Fund/Unit Trust. Its investment objective is to generate capital growth through investing in listed equity securities. The company was founded on July 30, 2004 and is headquartered in Karachi, Pakistan.