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Investit Asset Management launches first open-end mutual fund

Investit Asset Management launches first open-end mutual fund

Investit Asset Management Limited (IAML) has announced the launch of its inaugural open-end mutual fund, the 'Investit Growth Fund', following the signing of a trust deed on Monday (September 2). The signing ceremony took place at IAML’s office in Dhanmondi, Dhaka. The new fund aims to deliv

Stabilisation Fund in the dock for its controversial role

Stabilisation Fund in the dock for its controversial role

The new commission of the securities regulator considers redefining the jurisdiction of the Capital Market Stabilisation Fund (CMSF) in a way so that it can perform in the best interest of market investors. The Fund has disbursed funds out of investors' unclaimed dividends to market operator Inves

Reshuffles, inquiries leave BSEC in disarray

Reshuffles, inquiries leave BSEC in disarray

An eerie sense of unease hangs at the Bangladesh Securities and Exchange Commission (BSEC), with its staffers divided into groups fighting with each other and seeking protection from the wrath of the changing political landscape. Regular operations are hampered as BSEC staffers do not feel confide

DSE, CSE end higher

DSE, CSE end higher

Stocks ends higher on Thursday after as optimistic investors put fresh funds into lucrative shares. The prime index of the Dhaka Stock Exchange (DSE) increased by 12.56 points to settle at 5,726.52. Many investors are optimistic about the return of good governance in the market as the massive ref

DSE, CSE end higher

DSE, CSE end higher

Stocks ended higher on Wednesday as optimistic investors put fresh funds into lucrative shares. The prime index of the Dhaka Stock Exchange (DSE) increased by 11.13 points to settle at 5,713.96. Investors are optimistic about the return of good governance in the market as massive reforms are unde

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