Manila-based Security Bank has launched an Apac-focused fund managed by Mitsubishi UFJ AM, underscoring the growth of feeder fund arrangements.
Tag: Philippines
Credit Suisse targets Philippines’ growing wealth
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.
Philippines to see first MSCI Philippine Index fund
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.
Feeder funds remain preferred entry into SEA
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.
Philippines approves Credit Suisse rep office
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 applies to set up in the Philippines
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.
Philippines aims for Shenzhen stock connect
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 launches products in the Philippines
Manulife Asset Management and Trust (Manulife Trust) has launched three mutual fund products in the Philippines, according to a statement from the firm.
LO launches multi-asset fund in the Philippines with Union Bank
Lombard Odier and Manila-based Union Bank have launched a multi-asset fund for private banking clients in the Philippines.
Manulife to launch funds in the Philippines
Manulife has received authorisation from Bangko Sentral ng Pilipinas (BSP), the country’s central bank, to operate as a trust corporation, enabling the firm to distribute mutual funds in the Philippines.
