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Management Manager

Location:
Fort Worth, TX
Posted:
April 28, 2015

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Resume:

BUSHRA T. RUMI

**** ***** **, *** ****, Fort worth TX 76244

Email: acpexp@r.postjobfree.com Phone: 814-***-****

OBJECTIVE

Seeking a managerial role in investment research at an asset management/buy side investment

company.

EDUCATION

Bachelors in Business Administration (Majors in Finance)

Institute of Business Administration, Karachi, Pakistan 2008

CFA Level II

CFA Institute, Charlottesville, VA, USA 2013

WORK EXPERIENCE

Al Meezan Investment Management Limited, Karachi Pakistan

Portfolio Manager, June 2011-July 2012

Managed an all equity Islamic fund worth approximately USD 17million by selecting

securities as defined by the investment objective. During the period, the fund posted a

return of 19% compared to the benchmark return of 14%.

Analyzed the fund’s performance by comparing with the benchmark and identified sources

of outperformance/ underperformance.

Conducted a comprehensive comparison with the competitor funds on a weekly basis and

presented to the Investment Committee.

Periodic updates and presentation of the performance of all the funds under management of

the AMC to the Investment Committee.

Determined the optimal portfolio allocation in coordination with the research team on the

basis of the recommendations given by the research analysts. The allocation was based on

fundamental and relative valuation.

Maintained close contact with the industry experts for timely availability of inform ation to

act upon.

Attended daily morning meetings to analyze important news, triggers for the market and to

discuss the overall strategy.

Followed and tracked major international and other developing markets to determine any

resulting impact on the Karachi stock market.

Selected the brokers to trade in the market on the basis of broker analysis. The activity

included the performance of the brokers on the basis of factors like efficiency, timing,

market information to name a few.

Worked on the fund manager’s report on a monthly basis to be sent to all the individual and

institutional clients. The report included components like the fund’s performance (absolute

and relative), invested percentage, major company and sector allocations.

Assisted the Chief Investment Officer with special requests which included the portfolio

allocation for separately managed clients.

Al Meezan Investment Management Limited, Karachi Pakistan

Senior Investment Analyst, May 2009-May 2011

Developed and updated the financial models of listed companies in banking, chemical and

energy sector.

Conducted thorough fundamental analysis of the companies and formed investment outlook

utilizing various valuation techniques including Discounted Cash Flow (DDM, FCFF,

EV/EBITDA), Relative Valuation (P/Earnings, P/BV, P/Sales).

Calculated the quarterly/yearly result expectations for the assigned companies and

prepared results reviews comparing the actual results versus forecasted and identifying the

sources of deviations.

Attended the daily morning meetings covering the leading business newspapers and

analyzed all news with a potential impact on portfolio companies and stock market.

Briefed the Investment Committee members of any changes in the recommendation of the

assigned companies in terms of buy/sell/hold, notifying them of any significant news

affecting the portfolio companies, gave detailed presentations on any newly listed/assigned

company.

Drafted written research and commentary for Investment Committee and client

communications.

Analyzed the prospective companies in an initial public offering.

Performed credit analysis of various companies which constituted a significant portion of

the fixed income portfolio.

Assisted with parent company-requested special projects.

Discovered new investment ideas and themes through reading, market research, meetings

with industry representatives and economic analysis.

Attended analysts’ conferences post result announcements and scheduled management

meetings with the company’s key personnel to gain insights in company’s business.

Developed and maintained working rapport with external analysts and other industry

sources.

Al Meezan Investment Management Limited, Karachi Pakistan

Economist, May 2009-May 2011

Researched, compiled and analyzed data of various economic indicators of Pakistan.

Assessed the economic impact of different domestic and international factors including oil

prices on the fundamentals of Pakistan economy.

Projected an economic outlook by using the historical trends for factors like revenue

collection, balance of payment, remittances etc.

Reviewed and presented economic data in the Investment Committee along with its likely

implication on the capital markets of Pakistan.

Al Meezan Investment Management Limited is one of the pioneers in private sector mutual funds in

Pakistan with a solid track spanning over 19 years. The company is the largest asset management

company in private sector in Pakistan currently managing assets of PKR 57 Billion (USD 577 Million). This

includes Meezan Islamic Fund, with AUM of over PKR15 Billion (USD 152 Million), which is Pakistan’s

largest equity fund in private sector. The company is a group company of Meezan Bank Limited and

Pakistan Kuwait Investment Company Private Limited.

Crosby Asset Management Pakistan, Karachi Pakistan

Research Analyst, July 2008-April 2009

Developed, maintained and updated financial models of the public listed companies in

fertilizer, chemicals and packaging sectors.

Monitored closely the developments and news of the assigned sectors which had a

significant impact on the companies and incorporated the same in the financial models.

Briefed the investment committee of the sector updates and the resulting impact on the

portfolio companies.

Assisted the fund management team in terms of security selection by giving detailed

presentations on the assigned companies.

Monitored existing investment positions for absolute and relative performance and

analyzed their impact on overall portfolio performance.

OTHER SKILLS

Expertise in MS Office with special focus on MS Excel

Use of Bloomberg Terminal for key financial indicators



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