BPI Investment Management recognized for leadership in mutual funds investment
Reinforcing BPI Investment Management’s mission to offer products and solutions that truly address their clients’ needs, the Philippine Investment Funds Association (PIFA) recently awarded the wholly-owned subsidiary of BPI in 11 categories in their 9th Annual Awards Night.
PIFA awardees represent the top 3 performers in the money market, peso and foreign-currency bond, peso and foreign currency balanced, and peso equity fund categories based on their 1-,3-, 5- and 10-year return on investment.
Officers of BPI Investment Management, led by its President Jose Mari L. Valmayor, received the recognition in a ceremony held last July 3, 2015 at the Holiday Inn & Suites in Makati. The PIFA citations affirm BPI Investment Management’s excellence in mutual fund management.
“What sets BPI Investment apart is its foundation— it’s grounded on the reliability, trustworthiness, and excellence of Bank of the Philippine Islands, its parent company,” says Mr. Valmayor. “Through the ALFM Mutual Funds, we further BPI’s goal of helping more Filipinos achieve their life goals.”
BPI Investment Management oversees and distributes open-ended investment companies or mutual funds, including ALFM Mutual Funds, the country’s largest group of mutual funds companies with a combined net asset of more than P107 billion. BPI Investment Management is backed by a portfolio which currently stands at P105 billion, making it the largest in the mutual fund industry.
ALFM consists of six mutual funds—ALFM Peso Bond Fund, ALFM Dollar Bond Fund, ALFM Euro Bond Fund, ALFM Growth Fund, ALFM Money Market Fund, and the Philippine Stock Index Fund. The ALFM Peso Bond Fund is the single largest mutual fund in the Philippines with a market share of more than 25 percent of the entire industry.
BPI Investment Management is also the fund manager and distributor of the Bahay Pari Solidaritas Fund and the Ekklesia Mutual Fund, which are dedicated to religious orders and dioceses in the Philippines.
BPI Investment Management provides free monthly seminars to teach interested clients about the basics of investing, and the importance of investments in securing their future.