I know that being “recognized by peers” is one of the strongest motivations for anyone to be the best that he can be at his chosen craft. So, keep up the good work! Tonight’s celebration is also about the fund management industry itself, which has grown consistently over the years.
If we count only the trust institutions that report to the BSP, assets under management as of end March 2016 stood at P2.7T. FMAP estimates that if the other asset management companies are included, this figure will grow to almost P4T, covering 174 peso-denominated fixed income and equity funds and 52 foreign denominated funds.