PAKISTAN: Interloop Asset Management, which will be rebranded as Lucky Investments following a recent takeover by the YB Brothers conglomerate, is launching three new funds in 2025. Mohammad Shoaib, the minority shareholder and CEO of this Shariah compliant asset management firm, told IFN Investor that two funds will be equities-focused with the other is a medium-term income fund, which predominantly invests in fixed-rate instruments and securities with two-, three- and five-year maturities.
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