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​Philam Asset Management Inc. bags six awards from PIFA and receives citations from The Asset 

Philam Asset Management Inc., (PAMI), the asset management arm of Philam Life, once again received acclaim as one of the country’s leading fund management companies after bagging six awards at the Philippine Investment Fund Association (PIFA) 10th Annual Awards Night. 

The country’s mutual fund industry association, PIFA, in its annual awards recognizes the top performing mutual funds in terms of returns for one-year, three-year, five-year and ten-year periods.

The PAMI Horizon Fund, Inc. won first place in the 10-year return, peso-denominated balanced fund category. PAMI’s other peso-denominated balanced fund, the Philam Fund, Inc., won second place under the 10-year return in the same asset-class category.

The Philam Managed Income Fund, Inc. won 2nd Place in both the 3-year and 5-year return under the Money Market Fund Category.

Meanwhile, under the dollar-denominated Bond Fund category, the Philam Dollar Bond Fund, Inc. won third place in the 1-year return and second place in the 10-year return. 

Philam Life and PAMI receive citations from The Asset In addition to its awards from PIFA, Philam Life/ Philam Asset Management Inc., was cited as among the Top 5 Investment Houses for 2016 by The Asset, earning the recognition for three years now. This reflects the company’s investments expertise and sound management of its financial assets. 

“We are proud to have sustained our place in the local financial markets as a credible and prudent institutional investor supporting market liquidity while upholding ethical standards in securities trading,” said Arleen May Guevara, Philam Life Chief Investment Officer.  

Two Philam fund managers were also recognized as among the Most Astute Investors in Asian Local Currency Bonds from the Philippines for 2016: Kathrina Dizon, Philam Life deputy head of fixed income securities trading office, ranked # 3 in the top 10 ranking, while Katherine Castelo, Philam Asset Management Inc. head of fixed income portfolio management, was recognized as among the Highly Commended. Both have been recognized by The Asset as top ranked for more than three consecutive years. 

The ranking for the Most Astute Investors in Asian Local Currency Bonds is based on nominations received from nearly 500 top-rated individuals including analysts, economists and strategists, salespeople and traders in Asian local currency bonds. The nominations were based on their knowledge  of the credits and markets, trading skill and acumen in making investment decisions. Based on the nominations received, the top ten Astute Investors with the highest weighted score are ranked by geographic location. The next ten names are considered in the ‘Highly Commended’ category.

The ranking for the top five investment houses in Asian local currency bonds is based on the number of votes received from the top-rated analysts, economist and strategists, salespeople and traders, for investors in these institutions. Around 280 different institutions across the region including asset managers, insurance companies, banks and securities firms were evaluated to create the 2016 ranking.

The recognition is given by the Asset Publishing and Research Ltd., an integrated multi-media company serving the elite community of leading corporate and financial decision makers in Asia. 

Kathrina J. Dizon
 Katherine R. Castelo

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About Philam Asset Management (PAMI)

Philam Asset Management, Inc. (PAMI) is an asset management company that administers, distributes and provides investment advisory to nine mutual funds. PAMI is a wholly owned company of Philam Life – the country’s premier life insurance company– which is a member company of the AIA Group, the largest pan-Asian life insurance group that has a unique heritage of serving the world’s most dynamic region for more than 90 years.

Established in 1992, PAMI is one of the largest asset and wealth managers in the mutual fund industry with more than PhP53 Billion assets under management as of December, 2015. A major contributor to the development of the Philippine mutual fund industry, PAMI is a leader in asset management in the Philippines, managing nine funds from different asset classes for different client risk appetites namely: Philam Managed Income Fund, Philam Bond Fund, PAMI Global Bond Fund, and Philam Dollar Bond Fund, Philam Fund, PAMI Asia Balanced Fund, PAMI Horizon Fund, PAMI Equity Index Fund and Philam Strategic Growth Fund. 

About Philam Life 

The Philippine American Life and General Insurance (Philam Life) Company is the country’s premier life insurance company. Established on 21 June 1947, Philam Life has earned the trust of customers for its financial strength, strong brand name, and ability to deliver on its promises. 

Philam Life has PHP236.4 billion in total assets as of 31 December 2015 and has delivered timely payouts of over PHP10 billion in education benefits (2004-2015) and over PHP131 billion in insurance benefits (1950-2015), while serving close to 600,000 individual policyholders and over 2 million insured group members. 

Philam Life understands the real life needs of its customers and provides the right plans and the right solutions including life protection, health insurance, savings, education, retirement, investment, group and credit life insurance. It also offers bancassurance and fund management products and services through its subsidiaries – BPI Philam Life Assurance Company (BPI-Philam) and Philam Asset Management Inc. (PAMI). 

Philam Life is a member of AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group.

About AIA 

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India and representative offices in Myanmar and Cambodia.

The business that is now AIA was first established in Shanghai almost a century ago. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$181 billion as of 31 May 2016. 

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 29 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

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