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                    [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] => 
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            [1] => Array
                (
                    [ArticleID] => 238474
                    [Title] => BPI-managed mutual funds up 43%
                    [Summary] => Mutual funds under the BPI asset management group grew by 43 percent from P13.2 billion in end-2002 to P18.9 billion last year, fortifying its position as the biggest mutual fund in the country.


For this year, the BPI asset managers expect a sustained growth rate to roughly P26 billion, as the uncertainties of the national elections and a noticeable shifting to the dollar-based mutual fund attract more investors into mutual funds.


                    [DatePublished] => 2004-02-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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AYALA LIFE FIXED INCOME DOLLAR BOND FUND

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                    [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] => 
                )

            [1] => Array
                (
                    [ArticleID] => 238474
                    [Title] => BPI-managed mutual funds up 43%
                    [Summary] => Mutual funds under the BPI asset management group grew by 43 percent from P13.2 billion in end-2002 to P18.9 billion last year, fortifying its position as the biggest mutual fund in the country.


For this year, the BPI asset managers expect a sustained growth rate to roughly P26 billion, as the uncertainties of the national elections and a noticeable shifting to the dollar-based mutual fund attract more investors into mutual funds.


                    [DatePublished] => 2004-02-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

abtest

Mutual fund industry net assets hit P43.9B in 2003

By Ted P. Torres | February 17, 2004 - 12:00am

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...

Banking

BPI-managed mutual funds up 43%

By Ted P. Torres | February 11, 2004 - 12:00am

Mutual funds under the BPI asset management group grew by 43 percent from P13.2 billion in end-2002 to P18.9 billion last year, fortifying its position as the biggest mutual fund in the country. For this year, the...

Business