Manulife Asset Management and Trust has launched two fund products in the Philippines that invest in Asia-Pacific markets.
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Manulife Asset Management and Trust has launched two fund products in the Philippines that invest in Asia-Pacific markets.
Manila-based Security Bank has launched an Apac-focused fund managed by Mitsubishi UFJ AM, underscoring the growth of feeder fund arrangements.
Credit Suisse is targeting the Philippines’ wealth management industry with the establishment of a representative office in the country, according to statement from the firm.
Manila-based fund manager Philequity Management plans to launch an index fund that will track the MSCI Philippines Index, according to Miguel Agarao, the firm’s vice president for business development.
Partnering with domestic fund managers to launch feeder funds remains the best strategy for foreign asset managers looking at the Thailand and Malaysian markets, according to analysts from Boston-headquartered Cerulli Associates.
Bangko Sentral ng Pilipinas (BSP) has given Credit Suisse a green light to establish a representative office in the Philippines, according to Chuchi Fonacier, the central bank’s deputy governor for supervision and examination.
Credit Suisse is one of several foreign banks planning to set up representative offices in the Philippines, enabling them to promote their own financial products and services locally.
The Philippine Stock Exchange (PSE) is eyeing a potential partnership with the Shenzhen Stock Exchange while separately, the Asean trading link between regional exchanges has been shut down.
Manulife Asset Management and Trust (Manulife Trust) has launched three mutual fund products in the Philippines, according to a statement from the firm.
Lombard Odier and Manila-based Union Bank have launched a multi-asset fund for private banking clients in the Philippines.
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