Merrill Lynch keen to invest in Pakistan
ISLAMABAD: Merrill Lynch Investment, one of the world’s largest investment management organisations, has shown interest to avail opportunities in Pakistan’s emerging mutual fund market. The interest was shown by the Managing Director of Merrill Lynch, David Graham called on Dr Salman Shah, Adviser to PM on Finance and Economic Affairs and described the investment climate of Pakistan favourable for foreign investment.
Graham is currently visiting Pakistan to explore possibilities of investment including portfolio investment prospects in Pakistan. Merrill Lynch Investment has over $500 billion of assets under worldwide management. They have also signed an agreement with one of the largest US Investment Management Firm M/s Black Rock and the combined assets of both entities are approximately one trillion dollars.
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