Established in 2005, PICIC Asset Management Company Limited (PICIC AMC) was a part of Pakistan's financial services sector, focused on providing professional investment management services. It was initially a subsidiary of Pakistan Industrial Credit and Investment Corporation (PICIC). Over its history, the company was acquired by NIB Bank and later became a wholly-owned subsidiary of Habib Bank Limited. The company's mission was to deliver competitive, risk-adjusted returns to its investors through a variety of open and closed-end mutual funds. In 2022, PICIC AMC was officially merged with and into NBP Fund Management Limited, and its operations and funds were absorbed by the succeeding entity.

Founded in

Pakistan