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Ex-HSBC veteran aims to reshape Philippines $30 billion fund

Ex-HSBC Veteran Aims to Reshape Philippines $30 Billion Fund

(Bloomberg) The head of the Philippines’ largest pension fund, which manages 1.7 trillion pesos ($30.3 billion) in assets, wants to pour more money into equities, while seizing opportunities to boost returns through investments and acquisitions.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpFed’s Preferred Inflation Metric Increases by Most in a YearStocks End Month at New Highs After Inflation Data: Markets WrapHow Much Wealth You Need to Join the Ric

Rockwell Land eyes P10B in bank loans | The Manila Times

REAL estate developer Rockwell Land Corp. on Wednesday said it intended to secure P10 billion in term loan facilities from two local banks to finance its capital expenditures, land acquisitions, and planned investments.

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