Deutsche Regis Partners runs the best equities house in the country while ING Bank is the best in fixed income, according to the Fund Managers Association of the Philippines (FMAP), which recently held its annual awards ceremony.
Both Deutsche Bank and ING have topped the equities and fixed income categories, respectively, since the FMAP started handing out awards in 2009.
FMAP counts 230 individual fund managers from 47 member-institutions. Collectively, they handle assets worth P3.5 trillion. FMAP polls its members each year to pick the best equities and fixed income houses. The 2014 FMAP Awards ceremony was held at the Prive Luxury Club in Bonifacio Global City Thursday night.
Universal Robina Corp. was voted “company of the year.” Winning the second place in the “best equities” house category was ATR-Kim Eng Securities Inc., while Macquarie Capital Securities clinched the third place.
Voted top three best economists under the equities house industry were Jojo Gonzales (Philippine Equity Partners), Diana Del Rosario (Deutsche Regis Partners), and Edward Teather (UBS Securities). The top three best strategists were Luz Lorenzo (Maybank ATR KimEng), Rafa Garchitorena (Deutsche Regis Partners), and Jojo Gonzales (PEP).
Honored as the best research analyst was Alfred Dy (CLSA) while Giovanni Dela Rosa (Deutsche Regis) and Jeanette Yutan (JP Morgan Securities) won the second and third places, respectively.
The top three best houses in equities research were Deutsche Regis, Maybank ATR-Kim Eng, and Credit Suisse.
“Each year, we have the FMAP Awards Night as our way of giving tribute to the great work [of] our fixed income and equities counter-parties,” said FMAP president Alexandra Deveras.