^
+ Follow FUND INC Tag
FUND INC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1340895
                    [Title] => FAMI hikes fund pool to P14.8B in June
                    [Summary] => 

The First Metro Asset Management Inc. (FAMI) has reported assets under management (AUMs) amounting to P14.8 billion, up slightly by 4.22 percent mid-June this year, compared to the P14.2 billion in net assets end 2013.

[DatePublished] => 2014-07-01 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 1282271 [Title] => PhilEquity to launch mutual fund [Summary] =>

Fund manager PhilEquity Management Inc. (PEMI) has secured the corporate regulator’s approval to set up and launch a mutual fund focusing on dividend yielding stocks.

[DatePublished] => 2014-01-24 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1281033 [Title] => FAMI mutual funds up 22% in 2013 [Summary] =>

The First Metro Asset Management Inc. (FAMI) has reported a 22.4-percent increase in assets under management (AUMs) from P11.6 billion in January 2013 to P14.2 billion end December.

[DatePublished] => 2014-01-21 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 752639 [Title] => PAMI mutual funds hit P18B in Oct [Summary] =>

The Philam Asset Management Inc. (PAMI) is managing a total of P18.47 billion, strategically placed in nine mutual funds as of the month of October this year.

[DatePublished] => 2011-11-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 328362 [Title] => Market seen to continue upward trend this week [Summary] => Local stocks are expected to sustain their uptrend this week on follow-through buying seasonal quarter ending window-dressing, and improving economic and corporate prospects.

Last week, the Phisix which will be renamed PSEi by April 1 gained 2.7 percent to close at 2,208 points, its highest level since August 1999. News of a lower budget deficit buoyed market sentiment.
[DatePublished] => 2006-03-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 295304 [Title] => Mutual fund industry’s net assets hit P70B [Summary] => Net assets of the country’s mutual fund industry reached a record-high of P70 billion as of July this year.

There are 11 asset management companies (AMCs) overseeing 31 mutual funds in the country.

A mutual fund is an investment company whose objective is to make money by investing and reinvesting in securities and other instruments. An investor can particiapte in the investment company or mutual fund by buying the shares of the fund, thus becoming a shareholder.
[DatePublished] => 2005-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [6] => Array ( [ArticleID] => 275497 [Title] => SMDC allots P1B for Hacienda Looc project [Summary] => SM Development Corp., a listed property development firm controlled by retail tycoon Henry Sy, will need around P1 billion to jumpstart the development of Hacienda Looc, a residential and beach resort community in Nasugbu, Batangas.

SMDC vice-chairman and chief executive officer Henry Sy Jr. said the company would spend about P1 billion for the development of the first phase of Hacienda Looc, which shall house a beach resort, a golf course, and residential communities.
[DatePublished] => 2005-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 273126 [Title] => SM Development posts 45% profit hike [Summary] => Boosted by gains on the sale of marketable securities, SM Development Corp. (SMDC), a listed property developer owned by retail tycoon Henry Sy, reported a 45-percent jump in its net income last year to P523.49 million from P361.29 million in 2003.

In a financial report filed with securities regulators, SMDC said total revenues grew 76.9 percent to P725.36 million mainly coming from investment operations and from the sale of real estate.
[DatePublished] => 2005-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 257466 [Title] => SM to develop GSIS property in Baguio [Summary] => SM Development Corp., a real estate holding firm owned by the Sy family, has inked an agreement with the Government Service Insurance System (GSIS) to develop the state-owned pension fund’s property in Baguio into a residential condominium building.

In a disclosure to the Philippine Stock Exchange, SMDC said it will develop the 10,465-square meter GSIS property along Session Road in Baguio City as a residential condominium project. Under the agreement, GSIS will contribute all its rights, title and interest in the property while SMDC will finance and develop the project. [DatePublished] => 2004-07-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 257401 [Title] => PAMI’s managed funds hit P20.3B [Summary] => The Philam Asset Management Inc. (PAMI) broke the P20-billion barrier in terms of assets under management (AUM) with total funds under its management reaching P20.3 billion in May this year.

This milestone was first achieved last year by the BPI Asset Management Group, fund manager of the Ayala Life Fixed Income mutual fund.

"We had an exceptional fund performance this year, marked by a good mix of investment products and good returns in each," Alberto Emilio V. Ramos, PAMI executive vice president and chief operating officer said recently.
[DatePublished] => 2004-07-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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