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+ Follow AYALA LIFE FIXED INCOME FUND AND FAR EAST DOLLAR BOND FUND Tag
AYALA LIFE FIXED INCOME FUND AND FAR EAST DOLLAR BOND FUND
Array
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    [results] => Array
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                (
                    [ArticleID] => 241037
                    [Title] => YGC reviving mutual fund
                    [Summary] => The Yuchengco Group of Companies (YGC) is reportedly interested in reviving its moribund mutual fund as the fledgling industry has been growing by high double digits in the past few years.


Net assets of the country’s expanding mutual fund industry grew from P25.8 billion in end December 2002 to mind boggling P43.9 billion last year.
[DatePublished] => 2004-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 239334 [Title] => Mutual fund industry net assets hit P43.9B in 2003 [Summary] => The net assets of the country’s expanding mutual fund industry grew from P25.8 billion as of end December 2002 to mind boggling P43.9 billion last year.

"During the previous year 2003, the net assets of the Philippine mutual fund industry grew by P18.2 billion or 70.5 percent from the previous year, perhaps the biggest growth rate in the financial and investment sectors of the country," said Fernando Jose Sison III, president of the Investment Companies Association of the Philippines (ICAP).
[DatePublished] => 2004-02-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 237690 [Title] => Mutual fund assets expand 70% to P43.3-B as of November ’03 [Summary] => The country’s mutual fund industry grew by 70.47 percent as total assets managed as of November 2003 went up to P43.3 billion, from P25.4 billion a year earlier.

Compared to the end-2002 figure of P25.8 billion, the mutual fund industry’s assets under management (AUM) expanded by 67.8 percent.

The Investment Company Association of the Philippines (ICAP) had originally targeted the AUM level to at least P50 billion by end-2003.
[DatePublished] => 2004-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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