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pioneering initiative was undertaken by some enthusiastic local and expatriate Bangladeshis to organize and float the first Mutual Fund in independent Bangladesh under private initiative.
A company for this purpose was registered as Asset &, Investment Management Services of Bangladesh Limited (popularly known as AIMS of Bangladesh) in December 1998, which emerged as the first purpose - built private
asset management company of the country. The company was formally inaugurated on August 29, 1999 by the Finance Minister and remained as the only one of its kind for the next decade in Bangladesh.
Our maiden venture, AIMS First Guaranteed Mutual Fund, a closed end balanced fund, obtained approval of the SEC and was floated in March 2000. The public float was oversubscribed by eight times. The Fund was listed at the stock exchanges in May 2000 creating a landmark in the history of the capital market in Bangladesh.
It was the first step of a long journey and there was no looking back. In a short time AIMS positioned itself at home and abroad as a proactive research oriented and knowledge based financial advisory and services manager as well as solution provider, specializing in diagnostic analysis, product design, development and launch, earning confidence all along the way.
On our ninth year of operation we procured and moved to our own office premise.
Our capacity to deliver and the capabilities of AIMS is further manifested on being appointed as the Fund Manager of the internationally acclaimed Grameen Bank for the first mutual fund sponsored by it as well as advising BRAC, the largest NGO in the world, on feasibility of the securitization of their micro-credit receivables in a pioneering attempt.
We have thrived under challenge and excelled in venturing into hitherto unexplored grounds and are committed to continue doing so to the satisfaction of our clients, patrons and friends.
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