PACRA Maintain Asset Manager Rating of Alfalah GHP Investment Management Limited

Lahore, August 10, 2018 (PPI-OT): The rating reflects the company’s governance structure, experience management, structured investment process, diversified fund slate and sound quality of systems and processes. The affiliation of a renowned bank, Bank Alfalah, provides support to the rating. The rating incorporates the attrition in the AUMs of the company and the average performances of the funds. The company plans to launch prospective funds in the Asset Allocation category which would provide support in this area.

The company has an adequate foothold in the avenue of retail penetration and the focus towards increasing the outreach to retail clientele will draw support from the parent bank’s network. The strengthening of the sales team should further benefit in augmenting the retail penetration. The management of the company has long association with the company and has shown stability.

The rating is dependent on the company’s ability to capitalize on the parent bank’s distribution networks for retail penetration. Meanwhile, the ability of the company to align its marketing and distribution strategy with the operations in the current competitive environment would remain critical for enhancing the system share.

For more information, contact:
Analyst
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425
Email: hammad.rashid@pacra.com
Web: www.pacra.com