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                    [ArticleID] => 191561
                    [Title] => SEC urges public to invest in mutual fund firms
                    [Summary] => The Securities and Exchange Commission is urging the public to invest in mutual fund firms rather than in get-rich-quick schemes which more often than not leave many investors with an empty savings account.


"Instead of putting your money in scam, put it in the market. Another alternative is to invest in mutual fund firms," an SEC official said.


The SEC official said the public should learn from the string of investment scams that have been exposed last year and should think twice before parting with their hard-earned money.


                    [DatePublished] => 2003-01-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 182400
                    [Title] => Filipino Fund to restructure
                    [Summary] => Filipino Fund Inc., the only publicly-listed mutual fund at the Philippine Stock Exchange, is on its way to a corporate reorganization that would pave the way for the spin-offs of its listed stock holdings into an open-end fund.


The restructuring plan was laid out last year and was approved by the company’s board last September. This month, its investment manager BPI Investment Management Inc. said the FFI shareholders will hold a special meeting to approve the change.


                    [DatePublished] => 2002-11-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 178511
                    [Title] => PSE poised to list more mutual fund companies
                    [Summary] => The Philippine Stock Exchange (PSE) is preparing for the eventual listing of more mutual fund companies in its continuing drive to develop and expand the financial products available to the investing public.


In a circular to brokers, PSE president Ernest Leung said the Exchange is currently studying the marketing and possible listing of more mutual funds or managed investment funds, which at present is limited to the locally-listed Filipino Fund Inc. and the New York-traded First Philippine Fund.


                    [DatePublished] => 2002-10-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

FIRST GALLEON FUND

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 191561
                    [Title] => SEC urges public to invest in mutual fund firms
                    [Summary] => The Securities and Exchange Commission is urging the public to invest in mutual fund firms rather than in get-rich-quick schemes which more often than not leave many investors with an empty savings account.


"Instead of putting your money in scam, put it in the market. Another alternative is to invest in mutual fund firms," an SEC official said.


The SEC official said the public should learn from the string of investment scams that have been exposed last year and should think twice before parting with their hard-earned money.


                    [DatePublished] => 2003-01-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 182400
                    [Title] => Filipino Fund to restructure
                    [Summary] => Filipino Fund Inc., the only publicly-listed mutual fund at the Philippine Stock Exchange, is on its way to a corporate reorganization that would pave the way for the spin-offs of its listed stock holdings into an open-end fund.


The restructuring plan was laid out last year and was approved by the company’s board last September. This month, its investment manager BPI Investment Management Inc. said the FFI shareholders will hold a special meeting to approve the change.


                    [DatePublished] => 2002-11-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 178511
                    [Title] => PSE poised to list more mutual fund companies
                    [Summary] => The Philippine Stock Exchange (PSE) is preparing for the eventual listing of more mutual fund companies in its continuing drive to develop and expand the financial products available to the investing public.


In a circular to brokers, PSE president Ernest Leung said the Exchange is currently studying the marketing and possible listing of more mutual funds or managed investment funds, which at present is limited to the locally-listed Filipino Fund Inc. and the New York-traded First Philippine Fund.


                    [DatePublished] => 2002-10-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

SEC urges public to invest in mutual fund firms

By Zinnia B. Dela Peña | January 15, 2003 - 12:00am

The Securities and Exchange Commission is urging the public to invest in mutual fund firms rather than in get-rich-quick schemes which more often than not leave many investors with an empty savings account. "Instead...

Business

Filipino Fund to restructure

By Christina Mendez | November 3, 2002 - 12:00am

Filipino Fund Inc., the only publicly-listed mutual fund at the Philippine Stock Exchange, is on its way to a corporate reorganization that would pave the way for the spin-offs of its listed stock holdings into an...

Business

PSE poised to list more mutual fund companies

By Christina Mendez | October 4, 2002 - 12:00am

The Philippine Stock Exchange (PSE) is preparing for the eventual listing of more mutual fund companies in its continuing drive to develop and expand the financial products available to the investing public. In...

Business