A preference for local investment products limits investor allocation to feeder funds, according to industry sources.
Tag: Philippines
Reg delays slow Philippine fund industry
Local fund managers in the Philippines are still waiting for a series of key regulatory changes that could drive industry growth, according to Valerie Pama, Manila-based president of Sun Life Asset Management in the Philippines.
Philippines arrests three Brits over investment scam
Three British nationals allegedly involved in a boiler room scam were arrested in the Philippines on Monday.
Underperforming and pricey, is there a case for Philippine equities?
The expensive valuations and low returns of Philippine equities has made the asset class unattractive, according to Sat Duhra, an Asia-Pacific ex-Japan equities fund manager at Henderson Global Investors.
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Schroders and Vanguard launches funds for MPF’s default strategy; China’s AUM hits $9trn; Hong Kong’s SFC increases enforcement activity; Singapore’s MAS fines a fund manager for late submissions; more fintech partnerships and more…
LO targets Philippines with UnionBank fund plans
Lombard Odier and the Philippines’ UnionBank have co-developed two onshore funds for private banking clients in the Philippines.
Banking and finance hiring boom in the Philippines
The Philippines stands out in Southeast Asia in banking and financing hiring, highlighted by the latest expansion at Julius Baer.
BOS nabs two for Philippines team
Bank of Singapore lured over two senior Credit Suisse execs to expand its Philippines team.
Lombard Odier expands in the Philippines with Union Bank pact
Lombard Odier has signed a strategic agreement with Manila-based Union Bank to offer investment solutions to onshore private clients in the Philippines.
Foreign fund assets surge in Southeast Asia
However, assets are concentrated among the larger players, according to Cerulli Associates.
