+ Follow FIDELITY MANAGEMENT AND RESEARCH CO Tag
Array
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[ArticleID] => 367118
[Title] => Global mutual fund takes 5% stake in Semirara Mining
[Summary] =>
The world’s largest mutual fund group, Boston, Massachusetts-based Fidelity Management and Research Co. (FMR), has acquired a 5.03 percent stake in the Philippines’ biggest coal producer, Semirara Mining Corp.
FMR, with $1.2 trillion in assets under management in more than 300 mutual funds, has amassed a total of 14,935,500 shares of Semirara in the open market, according to a regulatory disclosure filed with the Philippine Stock Exchange (PSE).
A senior member of Congress promptly welcomed FMR’s investment in one of Asia’s largest coal miners.
[DatePublished] => 2006-11-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 314585
[Title] => PLDT investments sign of global confidence in RP
[Summary] => The unprecedented avalanche of foreign investments in telecommunications giant Philippine Long Distance Telephone Co. (PLDT) indicates the confidence of global investors in the Philippine economy despite the country’s political problems, a lawmaker said yesterday.
"The massive foreign buying of shares in PLDT is definitely most welcome. After all, it has been said that the telecommunications company serves as a proxy for the Philippine economy," Cebu City Rep. Eduardo Gullas said.
[DatePublished] => 2006-01-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
FIDELITY MANAGEMENT AND RESEARCH CO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 367118
[Title] => Global mutual fund takes 5% stake in Semirara Mining
[Summary] =>
The world’s largest mutual fund group, Boston, Massachusetts-based Fidelity Management and Research Co. (FMR), has acquired a 5.03 percent stake in the Philippines’ biggest coal producer, Semirara Mining Corp.
FMR, with $1.2 trillion in assets under management in more than 300 mutual funds, has amassed a total of 14,935,500 shares of Semirara in the open market, according to a regulatory disclosure filed with the Philippine Stock Exchange (PSE).
A senior member of Congress promptly welcomed FMR’s investment in one of Asia’s largest coal miners.
[DatePublished] => 2006-11-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 314585
[Title] => PLDT investments sign of global confidence in RP
[Summary] => The unprecedented avalanche of foreign investments in telecommunications giant Philippine Long Distance Telephone Co. (PLDT) indicates the confidence of global investors in the Philippine economy despite the country’s political problems, a lawmaker said yesterday.
"The massive foreign buying of shares in PLDT is definitely most welcome. After all, it has been said that the telecommunications company serves as a proxy for the Philippine economy," Cebu City Rep. Eduardo Gullas said.
[DatePublished] => 2006-01-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
abtest
November 5, 2006 - 12:00am
