‘SLAMCI rises above Covid-19 challenges’

Sun Life Asset Management Company Inc. (SLAMCI) breached the P94-billion mark in assets under management (AUM) in the first half of the year, as it rose above current market challenges due to the Covid-19 pandemic.

SLAMCI President Valerie Pama said the company considers this milestone in AUM as a “vote of confidence” from their clients.

“As we mark two decades of being our clients’ partner for prosperity, we are inspired to continue innovating so we may offer products and services relevant to their needs," Pama said in a statement.

Moving forward, SLAMCI vowed to continue its push for digital transformation, which was proven essential when the pandemic struck the country.

SLAMCI remained operational during the quarantine period, allowing it to serve its clients.

Those who wished to add to their investments were able to use the Bills Payment Program, while the My Sun Life Client Portal and Sun Life PH Mobile App allowed them to add to or redeem from their chosen fund.

Electronic Statements of Account were also made available on the My Sun Life Client Portal so clients may monitor their investments while webinars were held to keep clients informed about the state of the market and how they can manage their investments in these unprecedented times.

On July 22, SLAMCI will mark another first as it holds its Annual Shareholders Meeting via Zoom.

Aside from digital transformation, SLAMCI said it also remains committed to enriching financial literacy by further enlightening Filipinos on how investing in mutual funds can help them grow their hard-earned money so they can achieve their long-term financial goals.

SLAMCI said it is encouraged by the growing number of young investors with millennials (20 to 35 years old) now making up 31 percent of its clients, closely following Gen X-ers (36 to 55 years old) which comprise majority of SLAMCI’S clients at 47 percent.

“This is a good indicator that we are raising a more financiallyprepared generation,” Pama said. “With this, we are inspired to continue with our financial literacy efforts such as webinars and special information campaigns.”

SLAMCI remains the largest nonbank asset management company in the Philippines, managing a total of 16 funds and catering to 160,000 investors with the help of 2,500 financial advisors.

As the company marks its 20th anniversary, the company said it looks forward to serving Filipinos for the next 20 years and beyond and offering a wider variety of wealth solutions, innovative tools, and excellent service.

“It has been a fruitful two decades of bright partnerships with the Filipinos, and we thank those who made it happen. It would be our honor to fulfill this purpose for more years to come,” Pama said.