POAMCL, MCBFSL sign deal

KARACHI Pak-Oman Asset Management Company Limited (POAMCL) & MCB Financial Services Limited (MCBFSL) have signed a trust deed with MCBFSL acting as trustee for POAMCLs two upcoming funds: Pak Oman Cash Fund (POCF) and Pak Oman Government Securities Fund (POGSF), says a press release. Ms Hina Ghazanfer, MD and CEO of POAMCL and Khawaja Anwar Hussain Syed - CEO of MCB Financial Services Limited signed the trust deed on behalf of their representative organisations. Agha Ahmed Shah - MD and CEO of Pak Oman Investment Company Limited and MUA Usmani President & CEO of MCB Bank Limited were also present during the ceremony. POAMCL was incorporated on July, 28 2006 as a public unlisted company with the principle objective to act as an Investment Manager for mutual funds. The Company is backed by Pak Oman Investments Company Ltd (POICL), Oman National Investment Corporation Holding (ONIC), Bank Muscat and National Logistics Cell (NLC). Pak Oman Asset Management Company Limited is confident to meet varying investor needs, and offer superior risk-adjusted returns to its investors.