EDGE AMC Limited started its journey as a registered asset management company in February, 2018. Founded by a team of investment management professionals with strong track-record, EDGE AMC is committed to deliver strong investment performance by harnessing long-term, value-investing opportunities available in Bangladesh’s capital market. Senior executives of the company, being CFA charterholders, have sufficient training, experience and commitment towards upholding investors’/ unitholders’ interest under any circumstance.
We seek to employ a thorough fundamental research-based approach for identifying companies with the good corporate governance culture, best management teams, strong and sustainable business models and attractive valuations. We diligently align our bottom-up investment thesis with the top-down macro overview.
From portfolio management perspective, we build and hold high-conviction, concentrated positions for more than 3-year investment horizon. Our portfolios may underperform general index at times in the bull market period since we focus heavily on quality risk-taking to outperform significantly in bear market period. Such strategy aims to deliver competitive returns and/or to outperform respective benchmarks consistently over the span of economic cycle on average on risk-adjusted basis.
We strongly value human capital and the power of networking (management communication, industry channel checks etc.) in our business of building investors’ trust and putting their interest before any other in the capital market of Bangladesh.
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Masud Khan, FCA, FCMA
Mr. Masud Khan is the Chief Executive Officer (CEO) of M.I. Cement Factory Ltd. He has more than 38 years of experience working for leading multinational companies in Bangladesh and abroad. He was the Chief Finance Officer of LafargeHolcim Bangladesh Ltd. for 17 years. He also worked in key higher management positions in British American Tobacco Bangladesh Company Limited for more than 20 years. He is an independent director of Glaxo Smithkline Bangladesh, Marico Bangladesh, Berger Paints Bangladesh and Viyellatex Ltd.
During his tenure, LafargeHolcim became the only integrated cement company in the country and received foreign investment of USD280mn making it one of the largest FDIs in Bangladesh.
Mr. Khan qualified as a Chartered Accountant (2nd ranked in India) as well as Management Accountant from Indian institutes with distinction. He is also a lecturer in the Institute of Chartered Accountants of Bangladesh for the past 36 years.
Ali Imam, CFA
Chief Executive Officer
Mr. Ali Imam is the Chief Executive Officer and Managing Director of EDGE Asset Management Company Limited. He was previously the Research Director at BRAC EPL Stock Brokerage, the pioneer in equity research in Bangladesh with a team of 8 analysts under him. He has also worked in IFC’s Investment team for 2 years and Eastern Bank’s proprietary portfolio management team with total combined experience of 10 years.
Under his leadership at BRAC EPL Stock Brokerage, the market share of foreign trade increased to 48% from 25% in 1.5 years. He conducted highly successful roadshows for BRAC Bank and Grameenphone that lead to substantial price discovery for both stocks. Mr. Imam set up the firm’s transaction advisory unit and investment advisory arm and directed the team to deliver significant outperformance in clients’ portfolios.
Mr. Imam is a Finance Major, BBA from Dhaka University and a CFA Charterholder since 2011. He is a founder director of CFA Society Bangladesh and played a crucial role in the formation.
Khandakar Safwan Saad, CFA
Chief Investment Officer
Khandakar Safwan Saad, CFA is the Chief Investment Officer of EDGE Asset Management Company Limited. He was Head of Research at BRAC EPL Stock Brokerage prior to joining EDGE. He had joined BRAC EPL Stock Brokerage as an analyst in 2010 and has worked his way up to the department head position.
Other than research, Mr. Saad has also provided research advisory services to institutional clients with combined AUM of US$30mn. With his valuable consultation, client returns far exceeded benchmark performance. He has managed a large number of investor roadshows in Bangladesh.
Mr. Saad is a CFA Charterholder and has completed his BBA from North South University with Major in Finance & Accounting and Minor in Economics. He graduated Summa Cum Laude with a combined CGPA of 3.91/4.00. He is a founder director and also current treasurer of CFA Society Bangladesh.
MOHAMMED ZAHID HOSSAIN
Chief Operating Officer
Mr. Mohammed Zahid Hossain is a Finance & Accounting professional, with a career spanning more than 6 years. He is the Chief Operating Officer (COO) of EDGE AMC Limited. He is also a finalist of the Association of Chartered Certified Accountants (ACCA).
Mr. Hossain joined the company in 2018. A graduate of American International University-Bangladesh (AIUB), he has professional and leadership experience in Audit Services, Financial Services, IT Sector, Budgeting and Forecasting, Treasury and Cash Management, and Strategic Planning.
mOHAMMED FUAD ZIBRAN
Mohammed Fuad Zibran joined EDGE Asset Management Company Limited as an intern and following completion of his internship tenure, joined the team as an Investment Associate. He is a graduate with high distinction of BRAC University with a major in Finance and a CGPA of 3.65.
Mr. Zibran is a research enthusiast and has worked in various research projects throughout his university years, serving as an Undergraduate Teaching Assistant and as a Research Associate for senior Lecturers and Professors of BRAC University. He was also a collaborator in an exploratory research report titled ‘The Well-Being Situation of the Workers of Apparel Industry in Bangladesh: A Claim to Sweetener’, which was published at the International Conference on Business & Management 2017. In addition, Mr. Zibran was the Enumeration Lead of a venture project of Robi Axiata Ltd.
Prior to joining EDGE AMC Limited, Mr. Zibran worked with Retail Statistics in Bata Shoe Company (Bangladesh) Limited as an Intern.
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ASIF KHAN, CFA
Mr. Asif Khan, CFA is the Managing Partner of EDGE Research & Consulting Limited. He was previously an Associate Director at Exotix Capital, one of the biggest frontier market stock brokerage based out of London. Mr. Khan has more than 9 years of experience with 4.5 years on the Buy-side working for NY based hedge fund Caravel Management LLC.
At Exotix, he was a highly rated analyst, covering ~20 stocks in Bangladesh, Pakistan and Sri Lanka for global institutional investors and was named as one of the top three research analyst by Asiamoney in 2017 for Pakistan banking coverage. He was one of the seven team-members in Caravel to manage $660 mn- the Fund which was ranked as the best emerging market equity fund in the world by Bloomberg in 2012. He correctly made a call to exit from Bangladesh market before the 2010 crash.
Mr. Khan graduated Summa Cum Laude from North South University with majors in Finance and Economics. He is a founder director of CFA Society Bangladesh. He is also a member of CFA Institute’s Asia Pacific Research Exchange (ARX) society engagement committee and author at the Asif Khan Blog.
Previously a sell-side analyst at Exotix Capital, an investment bank based out of London where his role included the Bangladesh coverage and pan-frontier bespoke research projects. He was a highly rated analyst at Exotix Capital (both internally and externally) for his coverage of ~10 stocks spanning financials, consumer and pharmaceuticals.
Beyond other sell-side roles, Waseem also has previous strategy consulting experience.
Mr. Khan has successfully passed all three levels of the CFA exam. He also holds a Bachelor of Business Administration with a Major in Finance from Institute of Business Administration, University of Dhaka.
Mustavi Zaman Khan
Mustavi Zaman Khan joined EDGE as an intern and following completion joined the team full time as a research analyst. He graduated from the Institute of Business Administration, University of Dhaka. He is a Finance Major with an overall CGPA of 3.73. Mr. Khan is a CFA L-3 candidate.
Mr. Khan participated in multiple finance competitions. He reached the finals of Finwitz, a competition that involved portfolio management and fund pitching. He worked on Bata for the CFA Institute Research Challenge , which focused on analyzing relevant micro and macro factors to accurately identify the fair value of the company. He was a semi-finalist in Blueprints, one of the biggest finance competitions in the country where he analyzed the hotel industry of Bangladesh.
Nasrin Akter Proma
Nasrin Akter Proma joined EDGE as an intern and following completion joined the team full time as a research analyst. She graduated from North South University, Major in Accounting & Finance with an overall CGPA 3.68. She is now a CFA L-2 candidate.
Under her leadership, Team Kaizen from North South University became the champion of CFA Institute Research Challenge 2017-2018 local level and represent Bangladesh in Kuala Lumpur, Malaysia in CFA Institute Research Challenge Asia Pacific Round 2018. She is a Certified Supply Chain Analyst by International Supply Chain Education Alliance.
Her team has been selected for the Top ten winners at World Asian Case Competition 2018 by Academy of Asian Business. She was a Semifinalist- HSBC and IBA business case competition 2017 (in top 12 teams), Finalist- Marketer’s Market 2016 young marketer by UIU Business club – Inter University Branding and Case Solving Competition (in top 5 teams), Finalist-Master of ideation 2016 by NSU YES! Club- Biggest inter university Business Case Competition (in top 5 teams), Quarter Finalist-Blueprints 2016-financial modeling case competition.