Separately, a relaxation of regulations by the country’s securities regulator has prompted investment companies to launch feeder funds.
Tag: Philippines
Malaysia’s Maybank to tap wealthy Filipinos
The bank joins a number of wealth and asset managers that have recently set up in the country.
Pru Life to launch AM firm in the Philippines
The firm aims to develop mutual funds managed by Eastspring for sale to domestic investors, following a similar set-up by competitor Manulife.
Manulife AM adds another Philippine feeder fund
Since 2017, the firm has launched six mutual fund products that offer domestic investors offshore exposure.
Manulife AM launches income fund in the Philippines
Manulife Asset Management and Trust has launched eight mutual fund products since setting up locally in 2017.
Philippines’ Union Bank launches private banking arm
The bank intends to use its strategic alliance with Lombard Odier to try and grow AUM by 25% per annum.
Philequity launches first MSCI Philippines fund
The local equity market seems to be recovering this year after falling 16% in 2018.
Manulife AM rolls out HK fund in the Philippines
Manulife Asset Management and Trust has launched seven mutual fund products in the Philippines since the firm was set up last year.
Thailand’s foreign fund assets continue surge
Assets in foreign investment funds in Thailand soared 60% to $17bn this year compared to 2016 as Thai investor appetite for global funds continues to rise.
Vanguard products launch in the Philippines
Manila-based Security Bank Philippines has launched two feeder funds that invest in low cost ETFs managed by Vanguard.
