Category: Latest Updates

Market Movements: Two Lessons in History The current movements in the market have been unprecedented: for days, we have seen the local stock market slide by as much as 10%, with trading being halted because of the magnitude and speed of its fall. Since January, it has fallen by more than 30%, enough to unnerve investors with their portfolios.  But... Read More

How do we best manage our finances during this challenging time?  With the current situation we are all in now, it’s a good idea to evaluate. We have rounded up 5 personal insights as shared by our very own FVP, Head of Special Markets and Training Unit Dr. Edwin Valeroso on what we should be doing and how we should... Read More

We are here to assist you. We understand that you have questions. And we at First Metro Asset, made it a priority to answer. Here are our FAMI Insights released March 20, 2020. What is happening in the market? The market has dropped significantly due to fears of a global economic recession brought by the COVID-19 pandemic. While the governments... Read More

As a precautionary measure against the spread of COVID-19, First Metro Asset Management Inc. (FAMI) Investors Center Davao has immediately implemented preventive measures, including having to work-from-home (WFH) until further notice. We continue to be operational and will receive subscriptions and redemptions under a shortened cut-off time of 11am. Transaction documents for subscriptions and redemptions received on or before 11 am... Read More

As a precautionary measure against the spread of COVID-19, First Metro Asset Management Inc. (FAMI) Investors Center Cebu has immediately implemented preventive measures, including having to work-from-home (WFH) until further notice. We continue to be operational and will receive subscriptions and redemptions under a shortened cut-off time of 11am. Transaction documents for subscriptions and redemptions received on or before 11... Read More

We will be resuming operations effective today March 18, 2020 under shortened cut off time for all FAMI funds except equity laced funds, which shall resume tomorrow upon the opening of the Philippine Stock Exchange (PSE). Transaction documents for subscriptions and redemptions received on or before 11 am will be processed the same day. Documents received after the cut off will... Read More

As of March 17, 2020 the Philippine Stock Exchange and the Banker’s Association of the Philippines has suspended the trading of equities and the settlement of fixed income and foreign currency transactions, respectively, until further notice. In support of our government’s declaration of the Enhanced Community Quarantine, and in consideration of the welfare of our employees, we at First Metro... Read More