PIFA Hosts the 22nd AOIFA Regional Coference

13 members to attend the 22nd Asia Oceania Investment Funds Association (AOIFA) Regional Meeting on March 26-30, 2017, which will be hosted by the Philippines: Australia, Bangladesh, China, Hongkong, India, Japan, Korea, Malaysia Pakistan Philippines, Singapore, Thailand, and Taiwan.

This year’s annual meeting will set its sails across the Philippines seas to cover and discuss the best practices, knowledge, and trends that will sharpen the expertise of the performing institutions in the region. And it will be chaired by the Philippine Investment Funds Association (PIFA), the association of mutual fund companies in the Philippines composed of 57 members- Funds being managed by 11 Asset Managers with the total Asset Under Management (AUM) of Php243 Billion as of December 31, 2016. PIFA aims to foster the growth of the Philippine Mutual Fund industry through its standards of excellence while protecting the interest of its partners and members.

“The conference theme for 2017 is ‘One Asia’ which aims to house a diversified selection of experts, members, and delegates from the Asia Oceania Region under one rood for five (5) days. We are honored to host this annual event here in the Philippines for the second time around and showcase what our country can offer both through the lens of business and tourism,” says PIFA Chairman MR Ignacio Gimenez. series of events such as the conference, side tours in Manila and Tagaytay, and social gatherings will be highlighted throughout the 5-day regional meeting. Mr. Gimenez predicts a 20% growth in the mutual fund industry next year to Php200 Billion.

“The role that we play in the economy might not be the one that could create a paradigm shift overnight, but as we convene through events such as AOIFA, we believe that a significant part of the world is being touched, one nation at a time,” says PIFA Vice President and Trustee Mr. Benedicto Sison.