"Businesses are made by people.
We've proven time and time again that you can have a wonderful shop,
and put a bloke in there who's no good,
and he'll stuff it up. Put a good bloke in, and it just turns around like that."
Foundation Securities (Private) Limited is a full service equities broking and investment banking firm with corporate membership of the Karachi Stock Exchange and the Pakistan Mercantile Exchange.
It started life in January 2005 as the first of its kind partnership between a group of industry professionals and Fauji Foundation - one of the most reputable and financially stable business groups in Pakistan.
Foundation Securities marks the entry of Fauji Foundation in the financial services sector. Backed by the financial strength and par excellence reputation of Fauji Foundation coupled with the professional expertise and repute of the Management Group, Foundation Securities is embarked on a journey aimed at achieving market leadership in all its business functions.
Since inception, Foundation Securities has quickly emerged as one of the leading securities firms in Pakistan with offices in Karachi, Lahore and Islamabad catering to the needs of a large base of institutional and retail clients.
PARTNERSHIP WITH MACQUARIE
Foundation Securities has also signed a strategic cooperation agreement with Macquarie Capital Securities Limited, an affiliate of global financial institution Macquarie Group, covering investment banking and securities operations.
The initial agreement enables Macquarie’s clients to receive co-branded equity research focused on Pakistan and to trade equities in Pakistan, one of Asia’s key emerging markets. It also gives FSL’s clients access to Macquarie’s leading presence in global financial markets.
The agreement includes exclusive partnering arrangements between FSL and Macquarie focused on institutional cash equities, in-bound and out-bound equity capital markets transactions, mergers and acquisitions, and other corporate finance advisory work.
About Macquarie Group, Macquarie Securities Group and Macquarie Capital Advisers
Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counter-parties around the world.
Founded in 1969, Macquarie employs more than 15,400 people in approximately 70 office locations in 28 countries. At 30 September 2010, Macquarie had assets under management of $A317 billion.
Macquarie Securities Group is fully committed to Asia in both research and distribution. The business has membership of 22 securities exchanges and distribution capabilities into all major financial centers globally. Macquarie Securities Group has more than 2000 staff in offices worldwide including Boston, Frankfurt, Geneva, Hong Kong, Johannesburg, London, Mumbai, New York, Tokyo, Toronto, Seoul and Sydney.
Macquarie Capital Advisers provides advisory and capital raising services to corporate and government clients involved in public mergers and acquisitions, private treaty acquisitions and divestments, debt and equity fund raising and corporate restructuring. Macquarie Capital Advisers advised on 219 transactions totaling approximately $A78.9 billion for the half year to 30 September 2010.