The Board of Directors of UBL Fund Managers (UBLFM), a wholly-owned subsidiary of United Bank, announced on Tuesday that it was managing overall funds of Rs10 billion with over 5,000 unit-holders to date. The board, after holding a meeting, announced the financial results for the six months ended December 31, 2006, of various funds under its ...
Many people want to take advantage of the opportunity to invest as a way to supplement their income, but few people have the knowledge or the time to monitor stocks and they are reluctant to pay the high fees associated with full-service brokers. As well, most people know that a diversified portfolio is the best-performing portfolio, ...
“Even if you’re on the right track, “you’ll get run over if you just sit there", said cowboy humorist Will Rogers. As an investor, you want to make progress. To succeed, you need to know: 1. Where you are headed, and; 2. What’s the best way to get ahead? Your answers will change accordingly. It ...
There must be thousands of women with beautiful faces that have thought of going to Lahore and become an actress some end up as extras some in the notorious bazaar. The same is the case in Karachi, any person with a few thousand rupees to spare thinks of going to the stock market and become ...
There is a lot to know about investing. It all depends on what type of investing you are interested in as well. There are many different types of investment options out there. So what is investing, specifically? When you invest, you are paying in a certain amount of money that you expect to grow with time. ...
In what is being seen as a landmark decision, the State Bank has allowed mutual funds operating in Pakistan to invest abroad. But initially the central bank has placed a cap of $15 million on such investment by a single mutual fund at a given time, says a circular issued by the Exchange Policy Department ...
