AI300: Philippines AUM stalls in 2016

Oct 18, 2017

Rising interest rates, inflated equity valuations stunt AUM growth expectations in Philippines, says Banco de Oro’s head of trust and investments group

The Philippines' leading banks saw their institutional assets under management (AUM) decline slightly in 2016, and it could fall further in the coming months, amid wide expectations that interest rates will rise and the peso weaken, warns one leading bank executive.

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