Board meeting of HBL Asset Management Limited to be held on April 29, 2016
Karachi, HBL Asset Management Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on April 29, 2016 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for period ended March 31, 2016.
Further, the closed period of the company shall be from April 22, 2016 to April 29, 2016.
HBL Asset Management Limited is a wholly owned subsidiary of HBL. The company was incorporated on 17 February, 2006 as a public limited company under the Companies Ordinance 1984. It was licensed for Investment Advisory and Asset Management Services by the Securities and Exchange Commission of Pakistan on 3rd April, 2006. The company is managing 8 different types of mutual funds which include 6 conventional Funds and 2 Islamic Funds along with 2 pension funds; conventional and Islamic.