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SSS Appoints Metrobank to Manage P1.5-B Balanced Fund

Metrobank Manage Fund

The Social Security System (SSS), one of the Philippines’ largest pension funds, has recently made a strategic move to enhance its investment portfolio. In a significant development, Metrobank Trust has been selected to manage a substantial P1.5-billion balanced fund. Metrobank Trust is the trust banking arm of Metropolitan Bank & Trust Co.

Metrobank Trust Chosen as Fund Manager
Metrobank Manage Fund

Following a rigorous evaluation process, Metrobank Trust emerged as the preferred candidate to oversee the management and growth of the SSS’ balanced fund. The decision underscores Metrobank’s esteemed reputation for leadership, expertise, and exceptional service standards in investment management.

Jikee Reyes, Head of Metrobank’s Trust Banking Group, expressed gratitude for the opportunity. She emphasized the privilege of receiving the mandate from one of the country’s premier pension funds. Reyes highlighted Metrobank’s commitment to delivering optimal results and upholding the highest standards of professionalism in managing the SSS’ balanced fund.

The SSS cited Metrobank’s track record of success, robust capacity, and outstanding asset management performance as key factors influencing the decision. Metrobank Trust’s proven expertise and reliability set it apart from other bidders. This alignment closely corresponds with the SSS’ objectives of prudent fund management and maximizing returns.

Commencement of the Mandate

Metrobank Manage Fund

The mandate officially commenced in February, marking the beginning of a promising partnership between SSS and Metrobank Trust. The agreement is slated to extend over the next three years, reflecting a long-term commitment to driving financial growth and stability for the benefit of SSS stakeholders.

With Metrobank Trust at the helm, the SSS anticipates strategic management of its balanced fund. The aim is to optimize returns and mitigate risks in a dynamic market environment. The collaboration underscores both parties’ dedication to safeguarding the interests of SSS members and ensuring financial resilience for the future.

Overall…

The appointment of Metrobank Trust as the fund manager for SSS’ P1.5-billion balanced fund signals a significant step forward. It enhances the pension fund’s investment strategy. As the partnership unfolds, stakeholders can expect prudent and effective fund management practices. These practices will uphold the highest standards of professionalism and integrity.

 

Read Also: World Bank Raises Economic Growth Projection for Philippine GDP in 2025

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Written by Marjo Piedad

Traveler | Foodie | CONTENT EDITOR
📍Cebu, Philippines
 
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