LR Global Bangladesh Asset Management Company has recently been awarded the best investment management company in Bangladesh.
The company received the “Investment Management Award 2013” from World Finance, a leading financial publication of World News Media based in the United Kingdom.
This is the first year World Finance s extending the award in the category of investment management company in Bangladesh, according to a statement of the publication yesterday.
The company was evaluated based on its performance in the past year, its financial statures, investment policies and visions, long-term strategies and risk management techniques, according to the statement.
Established in 2009 as one of the first multinational asset management company in Bangladesh, LR Global Bangladesh was founded by Reaz Islam, chief executive officer of LR Global and LR Global Partners.
LR Global Bangladesh has become the second largest asset management firm in Bangladesh and manages six mutual funds with portfolio of approximately $120 million invested across public and private equity and fixed income securities.