Asset & Investment Management Services of Bangladesh

What Asset & Investment Management Services of Bangladesh does

AIMS of Bangladesh Limited (registered December 1998, formally inaugurated August 29, 1999) is Bangladesh's first purpose-built private asset management company, headquartered at Unique Trade Center, Panthapath, Dhaka. The firm manages a portfolio of closed-end and open-end mutual funds — including the AIMS First Guaranteed Mutual Fund (2000), Grameen Mutual Fund One (2005), Grameen One Scheme Two (2008), Reliance One (2011), Continental First MF, MTB First MF, and the 2022 GB-AIMS First Unit Fund — and provides Systematic Investment Plans (SIP) via an online investor portal supporting bKash, Rocket, Nexus, Visa, and MasterCard payment gateways with SMS and email notifications. Underlying technology comprises an automated NAV calculation system, a Chinese Wall Information Control System for insider-trading prevention across departments, and dematerialization via Central Depository Bangladesh Limited (CDBL), with funds listed on Dhaka and Chittagong Stock Exchanges.

AIMS earns revenue primarily through recurring mutual fund management fees on its multi-fund AUM (estimated Tk 350-500 crore across active schemes) and episodic professional services fees from advisory mandates covering asset securitization, bond market development, pension reforms, banking and capital market reforms, and privatization advisory delivered to multilateral agencies including the World Bank, Asian Development Bank, IFC, and BRAC. Its customer base spans four segments: individual retail investors (resident and non-resident Bangladeshi nationals) reached via the portal and authorized selling agents; institutional investors (corporations, trusts, foundations); Grameen Bank members accessed through the micro-savers scheme; and multilateral / NGO clients for advisory work. The flagship Grameen Bank fund-management partnership — formalized via an Investment Management Agreement signed by Nobel Laureate Professor Muhammad Yunus and AIMS MD Yawer Sayeed — anchors distribution and brand positioning, complemented by a long-running proprietary research base (weekly Market Reviews since 1998, annual Economic Roundups, National Budget analyses) that underpins both investment decisions and advisory mandates.

Name

Asset & Investment Management Services of Bangladesh

Legal name

Asset & Investment Management Services of Bangladesh Limited

Website

https://aims-bangladesh.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

AIMS of Bangladesh Limited, founded 1998, is Bangladesh's first purpose-built private asset management company, managing closed-end and open-end mutual funds for individual and institutional investors and providing capital-market advisory services to multilateral agencies including the World Bank and ADB.

Ownership category

akta.pro rank

Product category

Asset Management Services

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)

akta.pro secondary industries

Target-Risk / Risk-Managed Allocation Funds (FSAAAEAG), Managed Account Platforms (Separately Managed Accounts / Customized Portfolios) (FSAHAKAC)

Keywords

• Mutual fund management
• Asset management services
• Investment advisory
• Portfolio management
• Wealth management services

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Mutual Fund Management Fees: Asset management fees charged for managing various mutual fund schemes including closed-end and open-end funds. Funds managed include AIMS First Guaranteed Mutual Fund, Grameen Mutual Fund One, Grameen One Scheme Two, Reliance One, MTB First Mutual Fund, Continental First Mutual Fund, and Grameen Bank-AIMS First Unit Fund.
2. Consulting, Research & Advisory Services: Advisory services provided to multilateral agencies including World Bank, Asian Development Bank, and various NGOs on capital market development, bond market development, pension reforms, banking and capital market reforms, and privatization of state-owned enterprises.
3. Securitization Advisory: Advisory services on asset securitization, including feasibility studies for micro-credit receivables securitization.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

AIMS of Bangladesh Limited manages a portfolio of closed-end and open-end mutual fund schemes (closed-end balanced and growth funds plus the first open-end micro-savers scheme co-branded with Grameen Bank), provides Systematic Investment Plan (SIP) facility through an online investor portal, and delivers consulting, research, and advisory services to multilateral agencies on capital market, bond market, pension, and banking reforms.

Product overview

AIMS of Bangladesh Limited operates as Bangladesh's first purpose-built private asset management company (established December 1998), offering a portfolio of closed-end and open-end mutual funds managed through its investor portal platform. The core product lineup comprises the AIMS First Guaranteed Mutual Fund (2000, closed-end balanced with capital guarantee), the Grameen Mutual Fund series sponsored by Grameen Bank (Grameen One 2005 and Grameen One: Scheme Two 2008), Reliance One insurance-linked fund (2011), Continental First Mutual Fund, MTB First Mutual Fund, and the Grameen Bank-AIMS First Unit Fund (2022, the company's first open-end fund for financial inclusion). A Systematic Investment Plan (SIP) is offered alongside the open-end fund. The company also provides consulting, research, and advisory services to multilateral agencies, and publishes weekly market reviews, annual economic roundups, and budget analyses. Payment integration is available via bKash, Rocket, Nexus, Visa, and MasterCard for investment transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Grameen Bank-AIMS First Unit Fund First open-end mutual fund scheme managed by AIMS, co-branded with Grameen Bank. A Micro-Savers Special Purpose Growth Scheme launched in 2022 designed to ensure financial inclusion in Bangladesh's capital market for retail and micro-saver investors, available in perpetuity with SIP and single-payment investment options.
• AIMS First Guaranteed Mutual Fund AIMS's maiden closed-end balanced fund launched in March 2000, featuring a unique capital guarantee. Public float was oversubscribed by eight times at launch. The fund was listed on the Dhaka and Chittagong stock exchanges, redeemed in 2016 as the first such redemption in Bangladesh capital market history, and delivered a NAV CAGR of 21.96% since inception.
• Grameen One First multi-scheme private mutual fund in Bangladesh, sponsored by Grameen Bank (founded by Nobel Laureate Professor Muhammad Yunus) and managed by AIMS. The closed-end scheme was launched in 2005 to bridge Grameen Bank's rural members with the mainstream urban economy, recording a NAV CAGR of 22.53% since inception and was redeemed in 2016.
• Grameen One: Scheme Two Second scheme of the Grameen Mutual Fund series sponsored by Grameen Bank, managed by AIMS. Tk 1.25 billion closed-end scheme launched in 2008 with tenure up to 2028, listed on Dhaka and Chittagong stock exchanges. NAV CAGR since inception of 8.71%.
• Reliance One (Reliance Insurance Mutual Fund) Closed-end growth scheme sponsored by Reliance Insurance Limited, managed by AIMS. Tk 550 million fund launched in 2011 with tenure up to 2031, listed at Dhaka and Chittagong stock exchanges. NAV CAGR since inception of 4.43%.
• Continental First Mutual Fund A closed-end mutual fund managed by AIMS, listed for trading on Bangladesh stock exchanges.
• MTB First Mutual Fund A closed-end mutual fund managed by AIMS and associated with Mutual Trust Bank, listed for trading on Bangladesh stock exchanges.
• Consulting, Research & Advisory Services Professional advisory services covering asset securitization, bond market development, pension reforms, banking and capital market reforms, privatization of state-owned enterprises, corporate governance, and feasibility studies, delivered to multilateral agencies and other clients including the World Bank, Asian Development Bank, IFC, and BRAC.

Quantifiable outcome

• NAV CAGR Since Inception: 21.96% for AIMS First MF, 22.53% for Grameen One
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature2 records

Partnerships

20 partnerships are on record, tiered flagship, core and minor.

• Grameen BankflagshipStrategic or Co-development PartnerAIMS serves as Fund Manager for Grameen Bank sponsored mutual funds including Grameen Mutual Fund One and Grameen Bank-AIMS First Unit Fund. The partnership was formalized with an Investment Management Agreement signed between Grameen Bank founder Professor Muhammad Yunus and AIMS Managing Director Yawer Sayeed. The funds are designed to bridge rural Grameen Bank members with the mainstream urban economy.
• World BankcoreStrategic or Co-development PartnerAIMS worked with World Bank on developing the local bond market and pension reforms. Conducted training programs on receivables securitization for non-bank financial institutions under the Financial Institutions Development Program (FIDP) of World Bank. Presented on Asset Securitization at World Bank Dhaka Office (2001).
• Asian Development Bank (ADB)coreStrategic or Co-development PartnerAIMS provided policy formulation consultancy for banking and capital market reforms and privatization of state-owned enterprises in Bangladesh on behalf of ADB. Acted as Local Consultant and Consultative Process Coordinator for ADB workshop revealing diagnostic studies on Finance, Industry & Trade Sectors (November 2001).
• International Finance Corporation (IFC)coreStrategic or Co-development PartnerAIMS led a 26-member Bangladesh delegation to the South Asia Regional Debt Market Symposium under auspices of IFC (affiliate of World Bank) at Bentota, Sri Lanka (1999), which charted a roadmap for development of debt securities market in Bangladesh.
• BRACcoreStrategic or Co-development PartnerAIMS acted as Advisor to BRAC, the largest NGO in the world, on feasibility of securitization of their micro-credit receivables in a pioneering attempt (2001).
• Southeast Bank PLCminorChannel Partner/ Reseller/ DistributorListed as associate and partner of AIMS for mutual fund distribution and financial services collaboration.
• IDLC Finance PLCminorChannel Partner/ Reseller/ DistributorListed as associate and partner of AIMS for financial services collaboration.
• IPDC Finance PLCminorChannel Partner/ Reseller/ DistributorListed as associate and partner of AIMS for financial services collaboration.
• Dhaka Stock ExchangecoreStrategic or Co-development PartnerMutual fund schemes managed by AIMS are listed on Dhaka Stock Exchange. AIMS maintains collaborative interaction with exchange for fund listing and trading.
• Chittagong Stock ExchangecoreStrategic or Co-development PartnerMutual fund schemes managed by AIMS are listed on Chittagong Stock Exchange.
• Central Depository Bangladesh Limited (CDBL)coreTechnology or IntegrationAIMS uses CDBL for dematerialization and settlement of mutual fund units. Investors must provide BO account statements from CDBL or Broker for account opening.
• Pacific Pension & Investment Institute (PPI)coreStrategic or Co-development PartnerAIMS represented Bangladesh at 1st to 10th Asian Pension Fund Roundtables sponsored by PPI and The Asia Foundation (2003-2012) to initiate regional network of pension fund managers and regulators.
• Organization for Economic Cooperation and Development (OECD)coreStrategic or Co-development PartnerAIMS represented at 4th to 10th OECD Asian Roundtables on Corporate Governance (2002-2008) and attended OECD Asian Corporate Governance Roundtables.
• Global Corporate Governance Forum (GCGF)coreStrategic or Co-development PartnerAIMS Managing Director Yawer Sayeed is a Trainers' Trainer of GCGF and participated in Corporate Governance Leadership Program at World Bank (2005).
• Stromme FoundationminorStrategic or Co-development PartnerListed as associate and partner for potential development initiatives in Bangladesh.
• CARE BangladeshminorStrategic or Co-development PartnerListed as associate and partner for social development initiatives.
• BRAC Bank PLCminorChannel Partner/ Reseller/ DistributorListed as associate and partner for financial services collaboration.
• Uttara Finance and Investments LimitedminorChannel Partner/ Reseller/ DistributorListed as associate and partner for financial services collaboration.
• The Asia FoundationminorStrategic or Co-development PartnerCo-sponsored Asian Pension Fund Roundtables with PPI for regional pension fund network development.
• Bangladesh Securities and Exchange CommissioncoreOthersRegulatory body overseeing AIMS operations. AIMS formally inaugurated on August 29, 1999 with SEC Chairman M.A. Syed present.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Regional players

• NDB Capital (Sri Lanka): Sri Lankan investment bank and asset manager with regional South Asia presence — useful regional comparable for mutual fund product set, advisory work, and capital-market development positioning.

Direct peers

• VIPB Asset Management Company: Bangladeshi asset management arm of VIPB, managing both conventional and Islamic mutual fund schemes — competes with AIMS for retail SIP investors and institutional mandates.
• CAPM (Capital and Asset Portfolio Management): Bangladeshi asset management company managing open-end and closed-end mutual fund schemes — direct peer competing in the same DSE-listed mutual fund category as AIMS.
• IDLC Investments Limited: Subsidiary of IDLC Finance, manages mutual funds and provides investment advisory services in Bangladesh, competing head-to-head with AIMS in closed-end fund mandates and institutional advisory work.
• Shanta Asset Management Limited: Bangladeshi asset manager sponsoring Shanta Amanah Shariah Fund and other mutual fund products — directly comparable as a smaller, specialized asset manager in the same regulatory framework.
• EBL Asset Management Limited: A growing Bangladeshi asset manager offering open-end and closed-end mutual fund products with EBL Securities' distribution network — a direct competitor to AIMS in retail mutual fund distribution.
• ICB Asset Management Company (ICB AMCL): Bangladesh's largest state-backed mutual fund manager, operating closed-end and open-end schemes listed on Dhaka Stock Exchange — directly comparable to AIMS in product mix, regulatory regime, and investor base.
• UCB Capital Management: Asset management arm of United Commercial Bank, managing mutual fund schemes in Bangladesh — comparable in product set and target investor segments to AIMS.

Broad incumbents

• LankaBangla Finance Limited: A larger Bangladeshi financial services group offering merchant banking, investment advisory, and fund management — overlaps with AIMS in advisory and portfolio management and competes for institutional mandates.
• BRAC EPL Investments: Bangladesh-focused investment bank and asset manager affiliated with BRAC — comparable to AIMS in serving institutional investors and offering research-driven investment products.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aims-of-bangladesh-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asset & Investment Management Services of Bangladesh