The REGIONAL financial publisher Asset Publishing and Research (APR) Ltd. awarded BDO Unibank Trust and Investments Group (TIG) the title of “Philippine Asset Management Company of the Year” for the fourth consecutive year.
BDO TIG has been winning the award since 2018, the most recent recognition was recently “Triple A Sustainable Investing Awards for Institutional Investor, ETF” and “Asset Servicing Providers 2021”.
“Industry players have accelerated the adoption of the technology and have relied on agility, risk management and engagement with investors to get through such a difficult year. For some of Asia’s most outstanding asset managers, ensuring effective communication is crucial even when much of the day-to-day work has been moved online and into a work-from-home environment, ”APR said in a statement. .
At the end of 2020, BDO’s consolidated fiduciary assets under management stood at 1.6 trillion pesos, up 22 percent from the previous level of 1.340 trillion pesos.
Of these assets under management, 1.12 billion pesos is managed by BDO TIG, while the remaining 505 billion pesos is managed by BDO Private Bank, a subsidiary of BDO.
“Our ability to adapt to an ever-changing environment through the use of new channels and creating new processes for the new normal has enabled us to serve our customers despite limited mobility due to the pandemic.
The most important issue was to keep BDO TIG visible to assure our clients that we are in full control of their investments, ”BDO TIG Senior Vice President and Director Rafael Ayuste Jr. said in a statement.
BDO also won the same award in 2016.