AIA creates wealth operation in Philippines

It has partnered with several asset managers to provide investment products in the region

Map and flag of Philippines. Source: "World reference atlas"

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AIA has established an investment management arm in the Philippines with the global investment expertise of its Hong Kong-based affiliate, AIA Investment Management (AIA IM).

“This is one of the important building blocks that will give us leverage to capture opportunities ahead and remain the leading brand that provides the protection, long-term savings and healthcare needs of Filipinos, allowing us to bring to life our purpose of helping people live healthier, longer, better Lives,” said Kelvin Ang, chief executive of AIA Philippines.

Partnering with some of the largest asset managers such as BlackRock, Wellington Management, Capital Group, Baillie Gifford, Pimco and Robeco, AIAIM Philippines aims to provide investment products that address the specific needs of Filipinos.

AIAIM Philippines recently launched a slew of unit investment trust funds that will be accessible to the customers of AIA Philippines through the new AIA Peso Adventurous Fund, AIA Peso Balanced Fund and AIA Peso Conservative Fund.

“These funds were designed to address the various needs and risk appetite of our customers. By creating funds that vary in exposure and investment portfolio, customers have the luxury of choosing what suits their needs, at the level of risk comfortable to them,” said Lee Longa, chief investment officer of AIA Philippines.

Based in Hong Kong, AIA IM specialises in long-term investing, with a focus on sustainable themes and return sources.

For more insight on asset and wealth management in Asia, please click on www.fundselectorasia.com

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