editorial team
Two institutions have bestowed awards on BPI Asset Management and Trust Corporation (BPI AMTC) for being the country’s best asset and fund manager, and for adhering to ethical and professional standards in managing clients’ assets.
Alpha Southeast Asia, the first and only institutional investment magazine that primarily covers Southeast Asia’s banking and capital markets, recognized BPI AMTC as the Best Asset and Fund Manager in the Philippines for four consecutive years in its Alpha Southeast Asia 12th Annual Best Financial Institution Awards. The company was also recognized by the CFA Institute Philippines for Compliance to the Asset Manager Code for ethical practices.
Alpha Southeast Asia’s award is given to asset managers with a comprehensive array of innovative products and services, state-of-the-art investment technology, full-service online investment facility and innovative investor education programs.
“This is an affirmation of BPI AMTC’s great flexibility in adapting to real-time changes and in providing innovative solutions tailored to the clients’ needs,” said BPI AMTC President Sheila U. Tan.
BPI AMTC is a trust corporation managing total assets of more than PHP570Bn from both institutional and individual investors. It is one of the largest retirement and pension fund managers in the country today and is the only one with the most complete line of passive index funds.
The company is also one of the first in the Philippines to receive the recognition for Compliance to the Asset Manager Code from CFA Institute Philippines. The CFA Institute Asset Manager Code is a voluntary code of conduct that outlines the ethical and professional responsibilities of firms that manage assets on behalf of clients.
The principles are built on six broad categories: (1) loyalty to clients, (2) investment process and actions, (3) trading, (4) risk management, compliance, and support, (5) performance reporting and valuation, and (6) disclosures.
“BPI AMTC’s voluntary compliance to the Code demonstrates and affirms our utmost commitment to uphold the highest ethical standards in the conduct of our fiduciary role to clients,” said Tan. “Our compliance not only distinguishes BPI AMTC apart from the other players in the highly competitive domestic trust and investment management industry, but puts the firm at par with global fund managers who have earned the same recognition.”
BPI AMTC joins more than 1,000 firms worldwide who have complied with the code, including those from Asian neighbors such as Singapore, Japan, Hong Kong, Malaysia, China, and India.
