BIMI bags 15 awards in 11th PIFA Annual Awards Night
BIMI President Ricky Espiritu (center) beams with pride as he receives the award from PIFA Chairman Ignacio Gimenez (left) and ALFM Mutual Funds Treasurer, Fernando Sison III (right).
MAKATI CITY, Philippines – BPI Investment Management Inc. (BIMI) emerged as the Fund Manager with the most number of awards in the 11th PIFA Annual Awards Night held on September 14, 2017 at the Manila Marriott Hotel. Philippine Investment Funds Association (PIFA) reaffirmed BIMI's excellence in mutual fund management through its various awards in 15 categories.
The Funds managed by BIMI were recognized as one of the top three performers in the Money Market, Peso and Foreign-currency Bond, Peso, Balanced and Peso Equity Fund categories. These awards were based on the 1, 3, 5, and 10-year return on investment.
A wholly-owned subsidiary of BPI with over P100 billion in Assets Under Management, BIMI is the Fund Manager and Principal Distributor of the largest group of mutual funds in the industry, which includes the ALFM Mutual Funds, Bahay Pari Solidaritas Fund, and Ekklesia Mutual Fund.
ABOUT BANK OF THE PHILIPPINE ISLANDS
The 166-year-old Bank of the Philippine Islands is the first bank in the Philippines and Southeast Asia. We are a universal bank with an expanded banking license. We provide diverse financial services that include deposits, cash management, asset management, securities brokerage, foreign exchange and capital markets investments, bancassurance, corporate lending, leasing, and investment banking. BPI has significant financial strength, with strong Tier 1 capital adequacy ratios and profitability, underpinned by a strong risk management regime. BPI is rated investment-grade by international credit ratings agencies.
ABOUT BPI INVESTMENT MANAGEMENT INC.
BPI Investment Management, Inc. (“BPI Investment” or “BIMI”) is the Fund Manager, Principal Distributor, Service Administrator, and Investment Advisor of the ALFM Mutual Funds and is responsible for formulating and executing the Funds’ investment strategies. Backed by state-of-the-art technology and financial expertise, BPI Investment carefully balances the Funds’ investment risks and returns to guard against potential losses.