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+ Follow PHILIPPINE INDEX FUND Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 265437 [Title] => Peso, stocks seen to improve by yearend [Summary] => Despite reaching a record closing low of P56.45 to the dollar last Monday, the local currency is seen to stabilize at the P56:$1 level by the end of the year on the strength of higher remittances from overseas Filipino workers, a top bank executive said.
Adelbert A. Legasto, senior vice president and head of the Bank of the Philippine Islands asset management group, added that the Philippine Stock Exchange stock index (Phisix) is expected to challenge the 1,900-level, after recently breaking the 1,700 psychological ceiling.
[DatePublished] => 2004-09-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 260226 [Title] => BPI leads mutual fund sector with P23-B assets under mgmt [Summary] => Assets under management (AUM) of the Bank of the Philippine Islands (BPI) reached P22.96 billion as of end-May this year, still the biggest in the local mutual fund industry.
The BPI group manages three mutual funds: the Ayala Life Fixed Income Fund (ALFI), ALFM Dollar Bond Fund and the Philippine Index Fund.
Of the three, ALFI constitutes the bulk at P20.3 billion followed by the ALFM Dollar Bond with approximately P2.25 billion. The Philippine Index Fund has funds amounting to P328 million.
[DatePublished] => 2004-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 206202 [Title] => Filipino Fund spins off new unit to hold its assets [Summary] => Filipino Fund Inc., a closed-end investment company partly owned by the Ayalas, has spun off a new company that will hold its assets, including its stock investments, as part of its quasi-reorganization plan.
The quasi-reorganization plan entails the unbundling of Filipino Funds assets and lodging of its listed equities and other income under a new company named Philippine Index Fund (PIF).
It also involves the reduction of Filipino Funds authorized capital stock and the return of capital to shareholders of Filipino Fund in the form of PIF shares.
[DatePublished] => 2003-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILIPPINE INDEX FUND
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 265437 [Title] => Peso, stocks seen to improve by yearend [Summary] => Despite reaching a record closing low of P56.45 to the dollar last Monday, the local currency is seen to stabilize at the P56:$1 level by the end of the year on the strength of higher remittances from overseas Filipino workers, a top bank executive said.
Adelbert A. Legasto, senior vice president and head of the Bank of the Philippine Islands asset management group, added that the Philippine Stock Exchange stock index (Phisix) is expected to challenge the 1,900-level, after recently breaking the 1,700 psychological ceiling.
[DatePublished] => 2004-09-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 260226 [Title] => BPI leads mutual fund sector with P23-B assets under mgmt [Summary] => Assets under management (AUM) of the Bank of the Philippine Islands (BPI) reached P22.96 billion as of end-May this year, still the biggest in the local mutual fund industry.
The BPI group manages three mutual funds: the Ayala Life Fixed Income Fund (ALFI), ALFM Dollar Bond Fund and the Philippine Index Fund.
Of the three, ALFI constitutes the bulk at P20.3 billion followed by the ALFM Dollar Bond with approximately P2.25 billion. The Philippine Index Fund has funds amounting to P328 million.
[DatePublished] => 2004-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 206202 [Title] => Filipino Fund spins off new unit to hold its assets [Summary] => Filipino Fund Inc., a closed-end investment company partly owned by the Ayalas, has spun off a new company that will hold its assets, including its stock investments, as part of its quasi-reorganization plan.
The quasi-reorganization plan entails the unbundling of Filipino Funds assets and lodging of its listed equities and other income under a new company named Philippine Index Fund (PIF).
It also involves the reduction of Filipino Funds authorized capital stock and the return of capital to shareholders of Filipino Fund in the form of PIF shares.
[DatePublished] => 2003-05-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | September 29, 2004 - 12:00am
By Ted P. Torres | August 6, 2004 - 12:00am
By Zinnia B. Dela Peña | May 15, 2003 - 12:00am
Recommended
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
15 hours ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
1 day ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
1 day ago
The driver of a luxury sports utility vehicle (SUV) with a protocol plate for senators, who illegally used the EDSA busway on Sunday, November 3, has surrendered to the Land Transportation Office (LTO).
2 days ago
Two days after a Cadillac Escalade entered the EDSA busway and nearly hit a traffic enforcer, with the passenger giving the enforcers the dirty finger as the sport utility vehicle sped away, the Land Transportation Office has yet to trace the owner of the SUV.
2 days ago
Lotto Nov 7, 2024
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6D Lotto - 6 6 5 5 2 1
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P5,940,000.00
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66