AIA Philippines launches investment management unit
MANILA, PHILIPPINES — AIA Philippines, formerly known as AIA Philam Life, has launched AIA Investment Management and Trust Corp. (AIAIM Philippines), its investment management unit.
“This is one of the important building blocks that will give us leverage to capture opportunities ahead and remain the leading brand that provides protection, long-term savings, and healthcare needs of Filipinos,” said AIA Philippines CEO Kelvin Ang.
The move will give Filipinos access to their managers’ global investment expertise, according to the AIA group.
AIAIM Philippines recently introduced several unit investment trust funds (UITFs), including the AIA Peso Adventurous Fund, AIA Peso Balanced Fund, and AIA Peso Conservative Fund. These will be made available via their variable unit-linked (VUL) products, such as Active Family Provider, AIA Future Scholar, AIA Med-Assist, and Active Health Invest Plus.
In 2021, the Philippine American Life and General Insurance Co., or AIA Philam Life, announced its rebranding as AIA Philippines.
According to Angie Pacis, the CEO of AIAIM Philippines, the country’s economy is poised for strong growth this year, thanks in part to factors such as its young workforce.
“It’s a young population, it’s a big population with a growing middle class that is actually becoming stronger. Because of that, we will continue to attract investments notwithstanding some of the structural problems,” she added.
Related news
- Fintech-BPO giant Service Cop enters Ethiopia · 6 Apr
- VMO Holdings signs MOU with 3 Hong Kong firms · 6 Apr
- DICT boasts PH efforts in bridging gender gap · 6 Apr
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
