Management Manager
Resume:
BUSHRA T. RUMI
**** ***** **, *** ****, Fort worth TX 76244
Email: *************@*****.*** 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
Contact this candidate