Philippine mandate goes to ING and Credit Agricole
State pension fund GSIS says the two fund management companies scored the highest on competitiveness, transparency and investment proposals for the $1 billion overseas mandate.
Philippine state pension fund Government Service Insurance System (GSIS) has awarded its $1 billion mandate to invest overseas to ING Investment Management and Credit Agricole Asset Management (Singapore).ING and Credit Agricole beat seven other global fund managers for the mandate, which marks GSISÆ first foray into international capital markets under its global investment program (GIP). A GSIS spokesperson says the pension fund has yet to decide how ING and Credit Agricole will divi…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.