PICIC Asset Management Company Limited (PICIC AMC) is a wholly owned subsidiary of NIB Bank Limited with an authorized capital of PKR 5,000 million and paid-up capital of PKR 3,000 million. The Company is registered as a Non-Banking Finance Company (NBFC) licensed by the Securities and Exchange Commission of Pakistan (SECP) to provide Asset Management and Investment Advisory services within a legal framework of the prevailing Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 and the Non-Banking Finance Companies and Notified Entities Regulations, 2008.

Currently, PICIC AMC is managing three closed-end funds and three open ended funds with an investor base of around 40,000 and total Assets Under Management (AUM) of PKR 15.210 billion as of April 30, 2012.  PICIC AMC has recently lanunched PICIC , customized investment solutions, which comprises discretionary and non discretionary management.

PICIC AMC has been rated AM3+ by JCR-VIS which denotes that the asset manager meets good investment management industry standards and benchmarks.