Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
AUB: High US rates continue to boost dollar assets
The Philippine Star
|June 02, 2024
Dollar-denominated assets will continue to offer favorable yields as the US Federal Reserve keep monetary policy tight and interest rates expected to peak this year, a top official of Asia United Bank said.
-
AUB senior vice president and head of trust Andrew Chua made the projection after its Gold Dollar Fund (GDF) was named the "Best Managed Fund" in the Dollar Medium-Term Bond Fund category at the CFA Society Philippines' 2024 Best Managed Fund of the Year Awards in April.
A total of 136 qualified funds from 17 investment houses and trust institutions joined this year's awards.
AUB was able to sustain its eighth-year winning streak due to the GDF's consistently stellar performance.
Denne historien er fra June 02, 2024-utgaven av The Philippine Star.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Philippine Star
The Philippine Star
Preloved book industry flipping through market volatilities
Alex Grace has been saving up for a foreign book she saw at a local bargain book store in Manila in March.
4 mins
October 28, 2025
The Philippine Star
TWO LIVES, RARE ILLNESSES, AND THE SHARED COURAGE TO KEEP GOING
There are moments in life when we look at someone we admire and think: “They’re invincible.”
4 mins
October 28, 2025
The Philippine Star
Flood control? DENR flags Laguna de Bay reclamation
Flood control project or reclamation activity?
2 mins
October 28, 2025
The Philippine Star
Senate Blue Ribbon panel to cast wider net
Lacson sees broader corruption scandal
5 mins
October 28, 2025
The Philippine Star
2 US Navy aircraft crash in SCS
Two US Navy aircraft crashed into the South China Sea in separate incidents on Sunday, officials said, with no fatalities reported.
1 mins
October 28, 2025
The Philippine Star
9 more senators to release SALNs
Nine senators are set to disclose their net worth today, in accordance with the move of the Office of the Ombudsman to restore public access to government officials' statement of assets, liabilities and net worth (SALN).
2 mins
October 28, 2025
The Philippine Star
'Private spending, soft infra to sustain growth momentum'
The recent slowdown in the government's infrastructure spending is unlikely to drag down the country's gross domestic product target, as catch-up measures including post-election spending and soft infrastructure are expected to sustain momentum, the Department of Budget and Management (DBM) said.
1 mins
October 28, 2025
The Philippine Star
Ex-DPWH usec eyed vs budget insertion proponents
Former public works undersecretary Roberto Bernardo is being eyed as a witness against the proponents in Congress of the budget insertions for anomalous flood control projects, Assistant Ombudsman Mico Clavano confirmed yesterday.
3 mins
October 28, 2025
The Philippine Star
Peso sinks to 10-month low at 58.9 to $1
The peso weakened against the dollar for the eighth straight trading day yesterday, sinking to its lowest level in 10 months due to the renewed strength of the greenback, weaker local market sentiment and expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP).
2 mins
October 28, 2025
The Philippine Star
Phl economy to grow 5.6% in 2025 - Fitch
Global debt watcher Fitch Ratings expects the Philippine economy to expand by 5.6 percent in 2025, driven by infrastructure spending, services exports and remittance-fueled private consumption.
2 mins
October 28, 2025
Listen
Translate
Change font size