Army Welfare Trust (AWT) has launched asset management company called AWT Investment Company through acquisition and partnership with Pak Brunei Investment Company for welfare of ex-servicemen. The AWT Investments Ltd manages seven mutual funds with five conventional funds and two Islamic Shariah Complaint funds, spokesman of AWT said here on Friday.

The fixed Income and Money Market Funds of AWT Investment Management Ltd are one the best performing funds in Pakistan today in this fiscal year. The Fixed Income Fund, Islamic Income Fund and Money Market Fund are in the top performing funds in their respective categories. The AWT Investments will continue to perform with focus on quality of service and resolve to provide superior returns to investors in Pakistan.

The AWT with its four years of history has a strong presence in the financial services field with the brand of Askari companies including: Askari Bank, Askari General Insurance and Askari Securities. "Today is the official launch of the new Asset Management Company of AWT called AWT Investments Ltd," the spokesman said. The AWT Investment is launching a wide range retail network through branch network across Pakistan. This branch network will cater to both Armed Forces individuals and general public at large.

Copyright Associated Press of Pakistan, 2017