MANILA, Philippines – Leloy Claudio's research on the history of Philippine banking and finance institutions led him to look at personal finance in the country's context.episode, Claudio discusses some of his findings, particularly on how shortchanged Filipino investors are.
He challenges finance experts to call out banks and mutual fund providers for their existing practices. What exactly are these practices that he calls"highway robbery?"In these changing times, courage and clarity become even more important. Take discussions to the next level with Rappler PLUS — your platform for deeper insights, closer collaboration, and meaningful action.
Sign up today and access exclusive content, events, and workshops curated especially for those who crave clarity and collaboration in an intelligent, action-oriented community.
Consider exploring Home Development Mutual Fund or commonly known as Pag-IBIG Fund. Earning is also tax-free and your investment is government-guaranteed. Its performance is much higher than any other mutual funds. The good thing is even ordinary Juan can invest pagibigfund
I work in the investment management industry for more than 10 years. Yes, I agree with Leloy. The Philippine fund management industry charges a lot of fees. Most financial advisors do not care about the fees because they sell these products and earn commissions.
Yay!?!? AXA is mentioned, i remember my friend asking me if the latter is in a lossing end. I really dunno seriously, that’s why i was surprised to check this video. COOL