My FAMI Story | Raph

Raph Torres has been an investor and eventually a Partner of First Metro Asset for 6 years now. At 27, he has served individuals, families, companies and retirees in the goal of growing and preserving their hard-earned money through long-term investment. As part of the growing Partners of First Metro Asset, Raph firmly believes that the timing is always right... Read More

FAMI, MCN launch mutual fund designed for cooperatives and cooperative members

DAVAO CITY – First Metro Asset Management Inc. (FAMI), the fund management subsidiary of First Metro Investment Corporation, partnered with Model Cooperative Network (MCN) to launch a mutual fund specially developed for cooperatives. The new mutual fund, the First Metro Save & Learn F.O.C.C.U.S (SALFOCCUS) Dynamic Fund, aims to provide cooperative members satisfactory returns on their investments through active fund... Read More

Weekly Equities Summary and Outlook : September 2 – September 6, 2019

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Equities Outlook Outlook. Expect the market to consolidate this week to 7,700-8,000 level but with an upward bias as investors bet on fresh global stimulus amid weak economic data from China, US and EU. More support measures are expected from China after its exports surprisingly drop in August as shipments to the US sharply declined, while weakening jobs trend in... Read More

The Market Call | August 2019

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Macroeconomy The expected rebound in government spending, the improvement in external trade, and below-2% inflation by August should help boost economic performance in the last quarters of 2019. Moreover, we think that real economy and financial markets will be boosted by the anticipated cut in US and local policy rates. Fixed-Income Market The global economic slowdown and trade war impacted... Read More