Philippines-based Philam Asset Management (PAMI) has entered into a distribution agreement COL Financial Group to market its mutual funds to COL clients.
Under the agreement, PAMI will distribute its Philam Bond Fund, Philam Fund, PAMI Horizon Fund, the Philam Managed Income Fund and the Philam Strategic Growth Fund to clients of COL Financial, reported InterAksyon.
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Additionally, COL might distribute mutual funds that may be managed by PAMI in the future.
Recently, COL Financial received approval from the SEC to distribute 10 mutual funds managed by Sun Life Asset Management Co and ATR KimEng Asset Management.
COL also teamed up with BPI Asset Management and Trust Group and BDO Unibank Inc -Trust and Investments Group.
Furthermore, COL Financial is planning to set up an investment center in the country’s financial district next month to expand its presence beyond Ortigas.
