Stories from Kazim Alam
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Karachi bourse set to introduce new regulations
Rules will ensure that minority shareholders have a greater say in case of share buybacks .
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Changing trends: Agri prices to rise in next five years, hurting growth in FMCG sector
KSE managing director says growth in agriculture likely to slow down after Pakistan joins IMF programme.
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Corporate results: Contrary to the banking sector, Meezan Bank demonstrates modest growth
Bank declares 8.7% profit growth, 4.2% revenue growth in the first quarter of 2013.
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Corporate earnings: Sharply lower investment income dents EFU Life profit
After-tax profit plunges 44% to Rs183.6m in first quarter.
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Contrary to global trend, equity funds less attractive in Pakistan
Corporate sector – the major player – taps money market funds for liquidity needs.
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Corporate results: Jubilee Life posts 8.5% higher profits for first quarter of 2013
IGI Insurance sees profits drop by 36.2% on back of higher claims.
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Mutual funds industry stagnating due to low incentives
While the size of the sector has grown, the number of players remains static.
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Revenue collection: Sindh’s interim finance minister sets his targets high
Says he can increase provincial revenues by 400% in two years.
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Regulatory boobytraps: Investment advisers must have Rs30 million equity
High equity requirement keeps professionals away from entrepreneurial ambitions.
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Arif Habib features among world’s best performing equity funds
Three funds run by the company were among world’s 100 best in 2012.