LR Global Bangladesh Asset Management Company is an affiliate of LRG, a New York based investment holding company, operating in Bangladesh. It is the most experienced and the only multinational Asset Management company in Bangladesh with a strong track record, and a dynamic team with strong local knowledge. LR Global Bangladesh obtained Asset Management license in late 2008. The company launched its first mutual fund in February 04, 2010. Total asset (including future mandates) managed by LR Global Bangladesh is USD 172mn (USD 120mn currently invested and USD 52mn commitments).
The Firm has a strong track record of investing in frontier markets for over 17 years, significantly more than any other asset managers in Bangladesh. Our extensive experience and proven track record of converting obstacles of the frontier market into opportunities, has allowed our onshore investors and issuers to have remarkable confidence in us and entrust us with the management of the Mutual Funds sponsored by 14 of the top financial institutions of the country.
Message from our CIO
Dear investors, sponsors, and partners,
Several years ago, we had identified Bangladesh as a strategic market with tremendous potential due to its rapid growth, its demographic edge, its resilient, efficient and fast developing labor force, its sound monetary and fiscal discipline, and its continued strong foreign remittance. Since our initial investment in Bangladesh Power Generation Company almost a decade ago, we have expanded our presence in Bangladesh, and as a foreign owned firm we have been awarded the first Asset Management License to serve local investors in Bangladesh and abroad.
We have a long history of investing in frontier countries. Our founding partners applied investment philosophy and a disciplined investment process that we plan to continue in Bangladesh today. We are known for the depth and breadth of our research. Our analysts focus on uncovering undervalued and undiscovered investment ideas for our clients by applying varied analytical approaches and by anticipating changes in companies, securities, sectors and investor sentiment. Since we take our fiduciary obligations very seriously, we have established and adopted various policies, which we believe will set new benchmarks in the investment management business in Bangladesh.
It is my distinct pleasure to lead our operations in Bangladesh. I am also very pleased by the quality, caliber and diverse background of the investment professionals we have attracted here, who will not only be dedicated to serve our investors, but also to materially contribute to our mission in Bangladesh and the broader investment community.
We look forward to working with you and serving your interests.
Leadership and Advisory Board
Chief Investment Officer
Niaz Murshed Advisor
First Regional Chess Grandmaster
Shakib Al Hasan Advisor
Rezaur Rahman Sohag Advisor
Renowned Sports Journalist