Metrobank tops survey on investment survey

MANILA, March 8 (PNA) -- Metropolitan Bank and Trust Company (Metrobank) again topped the 99th Watson Wyatt survey on investment performance (SIP) of retirement funds in the Philippines, under the all trusted funds category for investment managers handling at least five funds in the survey.

Metrobank has been consistently ranked no. 1 in the quarterly and three and five-year survey periods.

“We are very pleased to be recognized once again in the latest survey by Watson Wyatt Philippines,” Metrobank executive vice president and head of trust banking group Josefina E. Sulit said.

“The survey is a clear and independent testimony of our expertise in asset management.”

Metrobank’s trust banking services provide clients with customized solutions that suit their specific investment needs, while assuring them that their assets are protected and maximized through the bank’s extensive knowledge and expertise in managing investments.

The survey, which 116 sponsor companies participated, included a total of 153 retirement funds. It covered the third quarter of 2009, also showing the results of last year, the last three years, and the last five years, ending Sept. 30, 2009.

According to the report, the proper gauge of an investment manager’s performance is on a three and five- year horizon, which is sufficient time to reflect the manager’s skill in tackling the varied challenges of the investment environment.

“The survey shows that our performance is the fruit of our commitment to quality and consistency through changes of market conditions,” Sulit added.

“Our No. 1 ranking validates our proficiency in managing investments even during extreme economic situations, given our proactive focus on risk and returns. We remain dedicated to being the trusted banking partner in asset management.”

Watson Wyatt Philippines, Inc. is an international firm of consultants and actuaries, which provides totally independent advice on human resources management.

It is one of the largest such firms in the world with offices located in Asia-Pacific, the United States, Europe, Canada, Latin America, and Africa.(PNA)
LDV/PFN