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BSEC seeks foreign travel ban against Alliance Capital MD

The stock market regulator has requested the police to slap a foreign travel ban on Kh Asadul Islam, managing director of Alliance Capital Asset Management, as he has allegedly embezzled Tk 45 crore. ....

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Venture capital assoc gets new office bearers

Shameem Ahsan, partner of Pegasus Tech Ventures, has been re-elected as the president of the Venture Capital & Private Equity Association of Bangladesh (VCPEAB) for a two-year term. ....

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VCPEAB elects new executive committee

Venture Capital and Private Equity Association of Bangladesh (VCPEAB) has elected its new executive committee for the 2022-24 fiscal year. Shameem Ahsan, partner of Pegasus Tech Ventures, has been re-elected as the President of the VCPEAB, said a press release on Wednesday. Dr Zia U Ahmed, chairman of VIPB Asset Management Company Ltd, has been elected senior vice president, ....

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'Local mutual funds sector has potential to grow 10 times bigger'

Bangladesh has a mutual fund industry of around Tk 15,000 crore and it has the potential to grow at least 10 times bigger, said Prof Shibli Rubayat Ul Islam, chairman of Bangladesh Securities and Exchange Commission (BSEC). ....

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Mutual fund sector largely untapped for poor publicity

Mutual fund is an underrated sector as it gets very little publicity despite offering higher dividends, according to various experts. ....

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