Latest Updates | Page 2 of 58 | First Metro Asset Management Inc

FAMI Annual Shareholders Meeting 2020

September 4, 2020September 15, 2020 Clariza Glino

Now on its NINTH straight year, the 2020 Annual Shareholders Meeting of First Metro Asset Management, Inc., the mutual fund management company of the Metrobank Group, gathers its investors to discuss business matters. 2020 Annual Shareholders Meeting of First Metro Asset Management, Inc. will be conducted virtually on September 16, 2020 at 2:00p.m. via Zoom. Record Date. Only shareholders of... Read More

Are You Afraid of the Ghosts? Part 2

August 27, 2020August 27, 2020 Clariza Glino

In Chinese superstition, this is the “Ghost Month” and it is believed to be a bad time to invest. Or is it really? We have to know that what affects investments like bonds, stocks, and the UITFs and mutual funds is not seasonality, but market developments. And the market reacts to different things: government regulation, international trade, industry trends, etc. And... Read More

Are You Afraid of the Ghosts? Part 1

August 26, 2020 Clariza Glino

In Chinese superstition, this is the “Ghost Month” and it is believed to be a bad time to invest. Or is it really? We have to know that what affects investments like bonds, stocks, and the UITFs and mutual funds is not seasonality, but market developments. And the market reacts to different things: government regulation, international trade, industry trends, etc. And... Read More

FAMI wins 2020 International Finance’s Most Innovative Wealth Manager

August 7, 2020 Clariza Glino

It’s a back-to-back win for First Metro Asset! We are honored to share with you the prestigious award given to us by International Finance as the Most Innovative Wealth Manager. First Metro Asset is continuously recognized by the International Finance for its path-breaking initiatives that benefit the financial community, in addition to its outstanding performance on its respective field. This... Read More

The Market Call | July 2020

August 6, 2020 Marwin Nunez

Macroeconomy Despite gradual relaxation of quarantine restrictions, Bangko Sentral ng Pilipinas’ (BSP) past moves to infuse more liquidity into the banking sector (and more bank lending) allow more gains in manufacturing and construction production as evidenced by the acceleration in PMI. NG spending should also pick up pace starting Q3 with available financing and the likely approval of its P1.3-T... Read More

The Market Call | June 2020

August 6, 2020 Marwin Nunez

Macroeconomy We expect GDP gains starting Q3 as Metro Manila, Calabarzon, and Central Luzon (more than 62% of GDP) get freed from most quarantine restrictions by mid-July. The downtrend in number of deaths provides support for this view. Faster pace of supply chain and transport restorations will keep food prices relatively steady, sufficient to blunt the sharp rise in crude... Read More

FAMI Portal Advisory – August 3 2020

August 3, 2020 Clariza Glino

FAMI Advisory: In order to serve you better, the FAMI Portal (https://portal.fami.com.ph/IDEAL_PORTAL) will undergo system maintenance tonight, 10PM August 3 until Wednesday, 10PM August 5. During this time, the portal will not be accessible. Thank you for your patience and understanding. For any concerns, please send us an email at fami@firstmetro.com.ph #choosetoinvest #choosewisely #chooseFAMI Read More

Thank you, Dad! Father’s Day Promo

June 17, 2020 Clariza Glino

During this Quarantine, share with us the story of what you have learned from your dad and get a chance to win something special for you and your dad! Mechanics: Promo Period is from June 17, 2020 to June 21, 2020. Participant should like and follow our Facebook page, First Metro Asset Management Inc. Publicly post a photo of you... Read More

The Market Call | May 2020

June 11, 2020 Marwin Nunez

Macroeconomy The two months (mid-March to May) of ECQ in Luzon, including Metro Manila, shall translate into a deeper GDP decline in Q2. A return to some form of normalcy may speed up by July, when government dismantles the lockdown in most of the country, and get the economy running at a faster pace in H2. However, this may prove... Read More

What is Financial Independence and 8 Ways You Can Achieve it!

June 10, 2020June 10, 2020 Clariza Glino

The 122nd Independence Day is just around the corner. As we celebrate our country’s independence, we at First Metro Asset urge you to set out on the path of financial freedom as well. What is Financial Independence? Financial Independence is defined as the status of having enough income to pay one’s living expenses for the rest of one’s life without... Read More