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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 252190 [Title] => Mutual funds AUM in first three months reach P47B [Summary] => The countrys mutual fund industrys asset under management (AUMs) as of March 31 this year grew by P3 billion in the first quarter to P47 billion, or seven percent over the year-end figure of P43.99 billion.
Total accounts in the same period reached 55,448 individual and institutional investors.
The end March 2004 assets is well over 80 percent better than the AUMs managed in 2002 of P25.8 billion.
[DatePublished] => 2004-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => 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] => ) ) )
KABUHAYAN FUND
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 252190 [Title] => Mutual funds AUM in first three months reach P47B [Summary] => The countrys mutual fund industrys asset under management (AUMs) as of March 31 this year grew by P3 billion in the first quarter to P47 billion, or seven percent over the year-end figure of P43.99 billion.
Total accounts in the same period reached 55,448 individual and institutional investors.
The end March 2004 assets is well over 80 percent better than the AUMs managed in 2002 of P25.8 billion.
[DatePublished] => 2004-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => 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] => ) ) )
abtest
By Ted P. Torres | June 1, 2004 - 12:00am
By Zinnia B. Dela Peña | January 15, 2003 - 12:00am
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