PH fund managers’ group wants higher MPIC tender offer price

MANILA  -The Fund Managers Association of the Philippines, which oversees trillions of pesos in assets, wants a higher offer price in the proposed P49-billion privatization of Manuel V. Pangilinan-led infrastructure giant Metro Pacific Investments Corp. The group’s members include state pension funds Social Security System (SSS) and Government Service Insurance System (GSIS), whose combined 5.5-percent … Continue reading PH fund managers’ group wants higher MPIC tender offer price