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inquirer - 5 month ago

SSS invests P3B in mutual funds

To diversify its investments and raise more funds, the Social Security System invested P3 billion in three local mutual funds, the state-run pension fund said yesterday. The SSS will also tap nine domestic fund managers that will manage P1 billion each, it said in a statement. From June 27 to July 4, the SSS had poured P1 billion each into the following mutual funds: Philequity Fund Inc. (managed by Philequity Management Inc.); Philippine Stock Index Fund Corp. (managed by BPI Investment Management Inc.) a

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