FAMI goes to Region 3

First Metro Asset Management Inc. (FAMI)’s FVP, Head of Special Markets and Training Dr. Edwin B. Valeroso and Senior Relationship Manager Rienzie Biolena conducted a finance course designed for school treasurers, finance officers, and other school personnel understand their financial responsibilities. The forum held at Angeles University Foundation Sports and Cultural Center Angeles City, Pampanga last April 29, 2019 was... Read More

FAMI Offers Short-term Investment Option

First Metro Asset Management, Inc. (FAMI), the fund management subsidiary of First Metro Investment Corporation, has launched its newest mutual fund, the First Metro Save & Learn Money Market Fund (SALMMF), giving investors an opportunity to earn more from a short-term investment. FAMI president Karen Liza Roa said, “FAMI understands that a well-diversified, investment plan should have within it leeway... Read More

Weekly Equities Summary and Outlook: July 4-8, 2016

Outlook: We expect the market to test the 7,900 levels this week after the US posted a better-than-expected jobs report. The PSEi fell 0.75% last week to 7,771.52 as investors locked in their gains after the PSEi rose 7,846. Friday’s US job report showed an added 287,000 jobs in June, exceeding economists’ expectations by more than 100,000 jobs. This will fuel the optimism in... Read More

Weekly Fixed Income Summary: July 4-8, 2016

Weekly Summary 0704-0708-1
Bonds Outlook. We expect bond yields to trade sideways as EM’s remain a strong option for foreign investors to put their money in amid global concerns over Brexit. The Philippines remains attractive because of its minimal exposure to the United Kingdom and/or the European Union coupled with the new administration’s bullish stance on government expenditures. Furthermore, the June core inflation... Read More

First Metro ETF outperforms – Philippine Star – July 10, 2016

First Metro ETF outperforms (The Philippine Star)
by Iris Gonzales (The Philippine Star) MANILA, Philippines – The First Metro Philippine Equity Exchange-Traded Fund (FMETF) outperformed other exchange-traded funds (ETFs) in the region for the month of May. The FMETF, which mirrors the performance of the Philippine Stock Exchange index (PSEi), registered an average one-month return performance of 3.74 percent, according to the May 2016 Asia ETFs Insights... Read More