Vision:

To be the best independent portfolio manager in terms of performance and integrity for institutional and private clients in Pakistan and overseas.

Mission:

To provide a secure financial future to beneficiaries of retirement plans, individuals and families.

Company registration number:

Our company registration number is K – 0061495.

National Tax Number:

Our National Tax Number is 2925618-6.

License Number:

Our License Number is SCD/AMCW/27/MIL/IAS/03/2022.

Company status:

We are a Medium-Sized Company (MSC) as per the Companies Act, 2017.

Auditors:

Our internal auditors are A. F. Ferguson & Co., while our external auditors are KPMG Taseer Hadi & Co.

Legal advisor:

Our legal advisor is Mr. Khurram Rashid.

Board of directors:

The company has the following team of professionals in the board of directors:

“Dr. Mohammed Nishat – Director:

Dr. Nishat is the Chairman of the Board of Directors at Magnus. Dr. Nishat holds a doctorate degree in Economics (with specialization in Finance) from the University of Auckland, New Zealand. Dr. Nishat has been a Professor of Economics & Finance and Associate Dean at the Faculty of Business Administration, IBA, Karachi. He has also served as a Professor and Dean at the Faculty of Management Sciences, Saleem Habib University, Karachi. He is currently the Dean at the Faculty of Management Sciences, SZABIST, Karachi. He is the author and co-author of more than 60 research articles in professional academic Journals.

Nadeem Jeddy (MBA, CFA, CIM) – CEO and Director:

Mr. Jeddy is the founder and CEO of Magnus. He is a seasoned investment banker with seventeen years’ worth of experience with Citigroup in mergers & acquisitions and credit & risk management. He specializes in the fundamental investment analysis of industries and companies. Mr. Jeddy has cleared the mandatory exams administered by the Institute of Financial Markets of Pakistan (IFMP) and is a Certified Director from the Pakistan Institute of Corporate Governance (PICG).

Riyaz Towfiq Chinoy – Director:

Mr. Chinoy is a qualified Industrial Engineer and has obtained a B.Sc. in Industrial Engineering, from Case Western Reserve University, USA. He has extensive experience in large scale industrial manufacturing and has very successfully headed Pakistan’s largest pipe manufacturing company. He is on the Board of Toyota Indus Motor Company Limited, Jubilee General Insurance Company, Bulleh Shah Packaging Limited, Heavy Mechanical Complex, Starch Pack Ltd and Packages Convertors Ltd. He has served as the Chairman of Pakistan Institute of Corporate Governance (PICG) from 2017 – 2021. He is a Fellow of the Institute of Engineers Pakistan and a certified Independent Director from Pakistan Institute of Corporate Governance (PICG).

Rehan Riaz – Director:

Mr. Riaz holds a B.Sc Engineering from the University of Engineering & Technology, Lahore. He is the co- founder and CEO of AJR Metal Fabricators (Pvt.) Limited, supplying auto parts to Honda and Yamaha. His first‐hand insight of industrial activity (real sector as opposed to financial sector) is extremely valuable for the Company. Moreover, Mr. Riaz is a Certified Director from the Pakistan Institute of Corporate Governance (PICG).

Najeeb Afsar – Independent Director:

Mr. Afsar is the Chairman of the Audit Committee at Magnus. He holds a Bachelor of Engineering (Civil) from NED University, Karachi. He is a well-known and experienced civil engineer of Pakistan. He has the experience of executing the most prominent and complex civil engineering projects in the country, namely, The Aga Khan Hospital & Medical College, Finance & Trade Centre and Jinnah Terminal (Karachi Airport).

Fareeha Saifi – Independent Director:

Ms. Saifi is a MBA from the Institute of Business Administration and has a very diverse background in the social services sector, holding positions of Project Leader, Project Development Manager, Social Development Consultant etc. in various local and international organizations.”

Pattern of shareholding:

Pattern of Shareholding
As at December 31, 2023
No. of shareholders Shareholding Total shares held
 From To 
5 100 50,000 32,600
3 50,001 1,000,000 2,541,397
4 1,000,001 1,500,000 5,061,156
1 1,500,001 10,000,000 8,654,400
13     16,289,553

Associated companies:

Arkad Consultants Private Limited (formerly Arkad Consultant Private Limited) is a wholly-owned subsidiary of Magnus Investments Limited (formerly Magnus Investment Advisors Limited). Arkad is a financial services company which deals in distribution of financial products like mutual funds, insurance etc.

Magnus is a registered member of the Mutual Funds Association of Pakistan.