PACRA upgrades JS Investments to Pakistan’s highest asset manager rating AM1 (Stable)
LAHORE, Pakistan, Nov 6, 2025 (M.Shezad Staff Report): The Pakistan Credit Rating Agency (PACRA) has upgraded JS Investments Limited (JSIL) to AM1 (Stable), the highest asset manager quality rating in the country. PACRA cited the company’s enhanced governance framework, strong operational standards, and a research-led investment approach as key factors behind the upgrade. The firm…
LAHORE, Pakistan, Nov 6, 2025 (M.Shezad Staff Report): The Pakistan Credit Rating Agency (PACRA) has upgraded JS Investments Limited (JSIL) to AM1 (Stable), the highest asset manager quality rating in the country.
PACRA cited the company’s enhanced governance framework, strong operational standards, and a research-led investment approach as key factors behind the upgrade. The firm has also broadened retail participation through digital channels and pension solutions.
As of end-September 2025, JSIL’s assets under management (AUM) rose about 50% year-on-year, capturing an estimated 3.72% market share. The company’s advisory and separately managed account (SMA) mandates contributed significantly to its scale, while management fee income surged 132% in the first nine months of CY25. Profit after tax stood at approximately PKR 370 million, PACRA said.
Investor concentration has continued to decline amid recurring inflows from provincial pension funds, digital onboarding, and the expansion of Wealth Centers.
Iffat Mankani, CEO of JS Investments, said the rating reaffirmed the firm’s commitment to transparency and investor protection.
> “AM1 is an important validation of our governance standards, research depth, and client-centric execution,” Mankani said. “We aim to further expand digital access, pension products, ETFs, and outcome-oriented investment solutions.”
