Company Information

Get to know PICIC Asset Management Company Limited

Established in 2005, PICIC Asset Management Company Limited (PICIC AMC) was a part of Pakistan's financial services sector, focused on providing professional investment management services. It was initially a subsidiary of Pakistan Industrial Credit and Investment Corporation (PICIC). Over its history, the company was acquired by NIB Bank and later became a wholly-owned subsidiary of Habib Bank Limited. The company's mission was to deliver competitive, risk-adjusted returns to its investors through a variety of open and closed-end mutual funds. In 2022, PICIC AMC was officially merged with and into NBP Fund Management Limited, and its operations and funds were absorbed by the succeeding entity.

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PICIC Asset Management Company Limited

Pakistan

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.