The Investment Corporation of Bangladesh has made a fresh attempt to extend the tenure of the eight mutual funds the state-run entity runs despite the Bangladesh Securities and Exchange Commission’s rejection of ICB appeal for such extension two months ago, finance ministry officials said. All the eight mutual funds are aged around 18-34 years. Although finance minister AMA Muhith had agreed with the BSEC’s decision, he, however, asked the ICB to discuss with the capital market regulator in this regard following the entity’s fresh request to extend tenure of the eight mutual funds, the officials said. - See more at: newagebd.net/86367/icb-makes-fresh-move-for-8-mfs-tenure-extension/#sthash.d1r2tgsX.dpuf
Posted on: Thu, 15 Jan 2015 07:05:51 +0000
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