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Investment funds are a type of pooled investment vehicle that allows investors to gain access to a diversified portfolio of assets with the potential to generate higher returns than those available from a single asset. Investment funds can range from mutual funds and exchange-traded funds (ETFs) to hedge funds and private equity funds. In this section, you will find news, articles and videos related to investment funds and how they can be used to help achieve financial goals.
THE MAHARLIKA Investment Corp. (MIC) has appointed investment banker Stephen Anthony T. CuUnjieng as an independent director. MIC President and Chief Executive Officer (CEO) Rafael D. Consing, Jr. on Tuesday said the appointment of Mr. CuUnjieng as chair of the investment committee took effect on July 1. “The Maharlika Investment Fund operates on a different […]
A plan to restructure more than $9 billion in debt held by Puerto Rico’s ailing power company hit a big snag this week after a group of bondholders terminated their deal with a federal control board overseeing the U.S. territory’s finances. The deal would have allowed Puerto Rico’s government to pay creditors $2.6 billion instead of the full $8.5 billion that some bondholders are demanding. BlackRock Financial Management and other investment funds had agreed to the board’s deal and its subsequent amendments two years ago.
THE MANUFACTURERS Life Insurance Co. (Phils.), Inc. (Manulife Philippines) and Manulife China Bank Life Assurance Corp. (MCBL) have launched a new unit-linked plan that offers life insurance coverage along with various investment options. Manulife GoalReady is a peso-denominated variable unit-linked (VUL) insurance product that has various payment and investment fund options. It is now available […]
Thanks to a growing stock market and investor culture, the number of asset managers and investment funds is rising in the Kingdom. The guild of asset managers is steadily expanding, although their investments show an excessive concentration risk in an industry particularly popular in the Gulf region
In addition to an existing $5 billion equity stake it is rolling over into the new entity, the kingdom’s Public Investment Fund is providing more fresh capital than partners Silver Lake Management and Jared Kushner’s Affinity Partners to buy out the other public investors, according to people familiar with the matter. The transaction is the latest win for Saudi Arabia’s Crown Prince Mohammed bin Salman, a video-game fan who is partial to Microsoft Corp.’s He’s focused on gaming as part of a national strategy to provide tens of thousands of new jobs and diversify the kingdom’s economy away from oil.