2TradeAsia.com sealed ties to distribute Philam's Mutual Fund products
Yapster.com
October 23, 2001
Providing investors with wider reach in terms of Mutual Fund selection, 2TradeAsia.com signed a Memorandum of Agreement with Philam Asset Management, Inc. (PAMI) to distribute its Mutual Fund Products. A mutual fund consolidates investors' money and is managed by competent fund managers that invest these in a diversified portfolio of securities.
"Our partnership with Philam would widen 2TradeAsia's reach by encouraging more people to save money and invest for the future, " says Christine Yap, Chief Executive Officer of 2TradeAsia.com. "Philam's mutual fund products would suit investors that might not have the appetite to go into online equities trading but would rather rely on the expertise of competent fund managers that can manage the funds for themselves. Ideally, Philam's Mutual Fund products are an ideal fit for long-term investors."
Philam Asset Management is a strategic partnership between the Philippine American Life and General Insurance Company (Philamlife) and AIG Asset Management International, Inc. (AIGAMI). The company supports the ideology of creating investment solutions to strengthen its relationship with customers.
2TradeAsia.com is the first and only financial website that integrates the transactional ability of online stock trading with real-time portfolio management capabilities. Its financial services include free real-time stock quotes, market commentary and outlook, corporate feature and other research guides.
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