BPI Wealth, the asset and wealth management arm of Ayala-led Bank of the Philippine Islands (BPI), has been awarded a Php 2.5 Bn mandate by the Social Security System (SSS) to manage its investment funds. This comes after a rigorous four-month bidding.
"We are honored to be chosen by SSS as one of the partners in managing their investment portfolio. Amid the most challenging markets in recent years, this new mandate proves that despite market volatility, we have delivered on our commitment to achieve target returns, provide superior service, and offer expert advice, " said Maria Theresa D. Marcial, President and CEO of BPI Wealth.
Meanwhile, SSS expressed their confidence in BPI Wealth as the right partner in managing their investment funds given the company’s proven track record of success and commitment to excellence.