Dhaka, Bangladesh (BBN)- Dhaka Stock Exchange (DSE) President Shakil Rizvi has urged investors to be cautious about investment decision in the capital market.
He made the caution while speaking as the chief guest at the inaugural ceremony of Pearl Institute of Financial Market (PiFM Bangladesh), held at the city's Bangabandhu International Conference Centre (BICC) on Saturday.
PiFM, an India-based training organisation, has set up a joint-venture company - PiFM Bangladesh - with Alliance Capital Asset Management Limited (ACAML), a local asset management company.
The joint-venture company aims to provide trainings to employees of banks, stockbrokers, merchant banks, fund managers and asset management companies to develop their professional skills, according to the company sources.
The premium bourse boss said, in recent times the market capitalization has increased significantly but awareness among investors is still very poor.
Mr. Rizvi also said although the volume of country's capital market increases significantly, there is no private sector training institute in Bangladesh for providing quality training to capital market stakeholders.
BBN/SI/AD-05Dec10-10:13 am (BST)