Investment Consciousness Week
By Francis T. Valentin
BusinessWorld | Monday, April 28, 2014
April 28 to May 6 will mark the celebration of the Investment Consciousness Week this year.
This week-long celebration will be in line with the 17th anniversary of the Fund Managers Association of the Philippines (FMAP).
Established in April 1997, this 42-member-strong institution, composed of equity and fixed income fund managers from all over the country, has the aim of “fostering the development of the capital and financial markets, in particular, the fund management industry.”
The investment consciousness Week this year will open its doors to the public, thus providing everyone with the opportunity to learn more about the enterprise of investing from seasoned and respected personalities.
“What we want to do is improve and increase financial literacy among the ordinary Filipinos,” said Marvin Fausto, member of the FMAP board of senior advisers and senior vice-president and chief investment officer of Banco de oro Unibank inc.
Managing the largest funds in the country, including but not limited to investment trust funds, mutual funds and variable link funds that are sold to the public, FMAP seeks to realize one of its objectives, which is to “educate by way of seminars, symposia and other fora and propagate information in the interest of members and the general public.”
“A part of FMAP’s advocacy is to improve their literacy by teaching them, by training them and then offering the funds that we manage as their venue to improve their financial wealth and to reach financial independence,” added Mr. Fausto, who is also the founding president of FMAP.
On April 28, there will be a talk about the “Role of Minority Shareholders in capital Market Development” in Romulo lounge, Ayala tower I, Makati; “The Path to Your Investing Future” seminar on April 30 in AIM conference center, Makati; and a “cross-capital investing Seminar” in cooperation with Valens Securities on May 6.