Bank of the Philippine Islands is set to roll out this week a new unit investment trust fund (UITF) that will track the main-share Philippine Stock Exchange index, riding on strong investor appetite for equities.
The asset management unit of Sun Life of Canada grew its assets under management (AUM) by 31 percent to P37.7 billion as of March from end-2012 as new placements rose while fund valuations surged alongside robust capital markets.
After some years in the speaking and training arena, writing hundreds of articles, columns and blogs for magazines, newspapers and websites, and quite a number of TV and radio appearances, many assumed that I started my advocacy of educating Filipinos with a book I have written. It is quite strange that this book is being written 5 years after I became an independent personal finance coach.
Now that I am in the stock market, how do I know if I am earning enough? What measures do I use?—Participant at EnRich CD-RW personal finance training
Only one out of four Filipino households has savings, indicating the vulnerability of the majority to risks emanating from emergency situations that require spending.
The economic turnaround being experienced by the Philippines is one opportunity any business-minded individual must seize. And seizing it he and his partners did. Homer “Homerun” Nievera is one of the enterprising entrepreneurs, nay, technopreneurs, behind Bazinga Inc., a digital entertainment and solutions company poised to become a major player in the digital industry.
“Can we still invest?” That’s a question you often hear these days. The stock market has been on an extended run-up, reaching new highs almost every other day this year.
I have been hearing about the foreign “hot money” inflows to the Philippines. What is the significance of this to local entrepreneurs and investors? Should an OFW like me grab this moment to invest in stocks as well?—Dennis from KSA
Question: I am an overseas Filipino worker, aged 27. I have just started earning serious money and I want to invest some of the excess. Would you have any tips for a beginner like me?—sent via e-mail
In what may be considered a sign of the growing maturity of Filipinos in handling their excess income, the amount of money held by banks in their trust accounts has, of late, reportedly reached some P3 trillion.
Scriptwriters and finance experts share a common trait: They are imaginative in the choice of titles and plots for their crafts.
Filipino consumers have improved their financial quotient (Fin-Q), or financial well-being, as more and more citizens now understand the value of budgeting, retirement planning and saving, a new Citibank research showed.
