MANILA, PHILIPPINES; 23 February 2023 – AIA Philippines is introducing to the country the global investment expertise of its Hong Kong-based affiliate, AIA Investment Management, through AIA Investment Management and Trust Corporation Philippines (AIAIM Philippines), a trust company catering solely to its fund management needs.
“Today’s launch is still a part of AIA Philippines’ rebrand from Philam Life, with AIAIM Philippines bringing together AIA Investment Management’s global capability and our understanding of the local market,” shares Kelvin Ang, Chief Executive Officer of AIA Philippines. “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,” he adds.
AIA Investment Management based in Hong Kong specializes in long-term investing, with focus on sustainable themes and return sources, achieving consistent, reliable returns on a long-term basis. This is attributed to AIA Investment Management’s vast experience of over 250 investment professionals, with more than a hundred years of experience in the Asia Pacific, and the management of US$294 billion worth of assets.
“At AIA [Investment Management], our position as one of the largest and most sophisticated asset owners in the world, alongside our long standing pedigree in Asian and Global Markets has allowed us to establish deep and unique access to and partnerships with many of the best and largest institutional asset managers who, like us are also long-term investors such as Blackrock, Wellington Management, Capital Group, Baillie Gifford, PIMCO and Robeco.” says Trevor Persaud, Head of Group Investment Strategy and Solutions at AIA Group. “Through our stewardship and this partnership with some of the world’s leading investment managers, Filipinos can now have access to global investing and the investment capabilities of these managers combined with the investment oversight and expertise that has protected and helped AIA to meet the investment needs of its customers over its long history. The strategies that the partners manage are co-created and exclusive to us, and bring the latest investment tools, knowledge and experience to the Philippines, making the best investment options available to address the specific needs of Filipinos,” he adds.
“While current market conditions present opportunities, sound investment processes make strategies all-weather, ensuring that long-term financial goals are met even in volatile markets. Not everyone has the time or capability to do this,” explains Angie Pacis, Chief Executive Officer of AIAIM Philippines. “And this is where the AIAIM investment proposition can come in. Through us, investors can access expertly crafted investment solutions built by combining our expertise with the expertise of the world’s finest asset managers”.
AIAIM Philippines is specifically tasked to craft investment solutions that apply the AIA Investment Management philosophy and discipline to Philippine assets.
AIAIM Philippines recently launched a slew of UITFs 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 new funds will be accessible through the existing variable unit linked (VUL) products of AIA Philippines such as AIA Future Scholar, Active Family Provider, AIA Med-Assist, and Active Health Invest Plus.
“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,” clarifies Lee Longa, the Chief Investment Officer of AIA Philippines.