Alfalah Investments was proud to host Mr. Sergio Albarelli, Chief Executive Officer and Managing Director of Azimut Holding, in Karachi. Mr. Albarelli is one of the leading figures in global asset management with more than 25 years of experience. He was Managing Director at Franklin Templeton for sixteen years before joining Azimut, and has also worked with global wealth and asset management firms of JP Morgan and Deutsche Bank. This was his first trip to Pakistan and he was accompanied by Mr. Giorgio Medda, the regional head for Azimut for the Middle East and Turkey Region.
Alfalah Investment and Azimut Group are in the process of launching an overseas mutual fund, co-branded and co-managed by the two entities. Domiciled in Luxembourg, the AZ-Alfalah Pakistan Fund will give global investors the unprecedented ability to invest in the Pakistan Stock Exchange and partake in one of the most exciting economic growth stories in the world.
Mr. Sergio visited the State Bank and Pakistan Stock Exchange during his visit, where he met with senior management, including the CEO of PSX, Mr. Richard Morin. Following that, at a dinner hosted in his honour by Alfalah investments CEO Ms. Maheen Rahman, Mr. Albarelli outlined his company’s long term commitment to Pakistan’s capital markets and interest in bringing global financial services and global investors to the country.
Other notable professionals from the financial sector were also present, including former SBP Governor Dr Ishrat Husain, Chairman PSX Muneer Kamal, CEO PSX Richard Morin and Syed Ali Sultan, Director Alfalah Investments and Group Head Treasury, Capital Markets & Financial Institutions. The event marked the formal commencement of the partnership by the two companies.
Azimut has significant experience in developed and emerging markets and brings to the table a network of over 1700 financial partners, spread over 17 countries, with a client base of over 200,000 investors.Alfalah Investments, one of the premier investment companies of Pakistan, has a proven track record in growth, distribution and fund management.