[Editor's Note: The following is a press release from the Philippine Investment Funds Association]
MANILA, Philippines – With the Philippine investment industry soaring this year in spite of rising interest rates, investors from across the country and overseas remain optimistic that the Philippines can hold its GDP growth momentum at 6.5% for balance year 2017. There is obviously a vast majority of Filipinos, mostly consumers, that are keen to tap into this economic growth by looking at diversified investment vehicles available in the market.
To balance the need and bridge the gap that affect these behaviors, the Philippine Investment Funds Association (PIFA) – the country’s association of over 12 mutual fund companies composed of 58 member-funds with a total Asset Under Management (AUM) of P276 billion as of July 31 – hosts its annual Mutual Funds Conference on September 23 at the 3F SGV Hall of the Asian Institute of Management (AIM) in Makati City.
This one-day event dubbed “Mutual Funds: Your Partner in Wealth Building” opens its doors to the public with packed sessions that steer up from the grassroots to the most practical side of investing that will pave the way to financial freedom.
“This year’s conference aims to touch not just issues and innovations in the industry but the lives of the Filipino people by helping them build their wealth,” says PIFA Chairman Ignacio Gimenez. “We are expecting over 400 attendees this year and we will be discussing to them the basics on mutual funds, the local regulations and also scams that they should be knowledgeable of, and of course, what lies ahead through the market outlook.”
The event format will be a mix of plenary and panel sessions for better audience engagement and participation.
Key local and global players in the financial industry have pledged their full support for the event. Platinum Partners include: JP Morgan Asset Management, Philam Asset Management, Inc., Sun Life Asset Management Company, Inc., BPI Investment Management, Inc. The event is also co-presented by Silver Partner First Metro Securities Brokerage Corp., with the help of Bronze Partner COL Financial Group Corp.
“We are honored to once again host an insightful and interesting event that aims provide a mutually-beneficial environment of strategies, ideas, knowledge, and best practices for the Filipino people," says Head of Education & Seminars Committee. Mr. Augusto Mr. Cosio Jr.