Photo courtesy of Bank of the Philippine Islands
The investment fund amount is P2.5b.
The Bank of the Philippine Islands' wealth management unit has been tapped by the Social Security System (SSS) to manage P2.5b (US$45m) worth of investment funds.
The state-run insurer has awarded BPI Wealth to manage its funds after a four-month bidding.
“Amidst the most challenging markets in recent years, this new mandate proves that despite market volatility, we have delivered on our commitment to achieve target returns, provide superior service, and offer expert advice." Maria Theresa D. Marcial, President and CEO of BPI Wealth, said.
Join Asian Banking & Finance community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!