ICI Argent LLC, South East Asia’s first environmental technology focused venture capital firm, is scouting for extraordinary entrepreneurial talent in the Philippines and nearby countries.
“What are we looking for?” cites group representative Paris Murray. “In a nutshell: ground breaking, game-changing, and economically compelling technologies and business ideas which are socially responsible, improve the quality of life, and mitigate the adverse effects of climate change.” Read the rest of this entry »
Vanguard Group Inc., the largest U.S. provider of stock and bond funds, is deciding whether to keep Axa Rosenberg Group as manager for about $1.5 billion of its assets, after that firm said a “coding error” disrupted its quantitative investment process.
“We’re taking a very hard look at that relationship, but we’re still in fact-finding mode,” Rebecca Katz, a spokeswoman for Valley Forge, Pennsylvania-based Vanguard, said in a telephone interview. Read the rest of this entry »
INVEST PHILIPPINES strives to provide excellence in professional service to its clients.
The purpose of collecting data from clients is in order to provide professional fiduciary services.
E. M. Murray observes a strict code of ethics and maintains a policy of strict confidentiality of all personal data submitted by clients whether by mail, email, fax or through information provided via consultation. Read the rest of this entry »
“Cybernetics was defined by Wiener as ‘the science of control and communication, in the animal and the machine’—in a word, as the art of steermanship.”
–W. Ross Ashby
CYBERNETIC TRADE CONTROL SYSTEMS
Cybernetics embodies a multi-discipline theoretical framework which focuses on goal-directed systems. These systems use information, models, and control actions to steer towards and maintain a predefined objective while attempting to counteract anything which detracts from this objective.
Perhaps the most fundamental innovation of cybernetics is its explanation of purposiveness, or goal-directed behavior.
Cybernetics and Fund Management
“Goal-directed behavior” is particularly critical in the world of investment management. Read the rest of this entry »
There are several variations of pseudo-traders who have little to no face to face with the investing public. Two examples:
The Do-What-The-Boss-Tells-You-To-Do “Trader”: This is the institutional or mutual fund version of the cash-register-clerk “trader”. The only difference is the customers queuing up to buy or sell are institutional brokers. In this scenario, the folks barking orders on the other end of the phone aren’t interested in your advice. Read the rest of this entry »
As a Regulated Intermediary operating under the authority of the Securities Exchange Commission, Philippines and the Securities Regulation Code of the Philippines, I operate in full cooperation and sympathy with
Be advised that all clients–overseas clients (i.e., non-Filipino nationals) as well as Filipino nationals–are subject to AMLA protocol as a matter of course.
If the latest stats are to be believed, upwards of 80% of the money “invested” by Filipinos is parked in typical garden-variety savings accounts. For tens of millions of Filipinos, having a savings account is regarded as safe, practical and prudent.
These same savings account holders would be astounded to learn, however, that relative to returns banks charge higher fees than the world’s top hedge fund managers.
Richard Epstein, one of the foremost legal thinkers in the United States, states his piece on the financial crisis, the financial bail-out, who is to blame, and what to do about it. An incredible speech.
Mark Mobius of Franklin Templeton, keynote speaker of the 2009 Asia-Pacific Investment Conference, Manila, Philippines
According to a recent Philippine Stock Exchange study, less than 1/2 of 1% of all Filipino nationals have any investment in the Philippine stock market, with less than 1/10th of 1% actively participating in the Philippine stock market.
ASEAN Trading Link countries: Singapore, Thailand, Malaysia, Indonesia, Vietnam and the Philippines
The long-awaited ASEAN Trading Link may do more to stimulate both investment in the Philippines and Filipino investing than any other current development.
According to the PSE Info Matrix a Memorandum of Understanding was signed earlier in the year between the exchanges of the Philippines, Malaysia, Singapore, Indonesia and Thailand. Within twelve months, investors based in any of these countries will be able to buy stocks on the index of any participating ASEAN exchange, just as easily as purchasing at their home exchange. Read the rest of this entry »
Robert James Shiller serves as the Arthur M. Okun Professor of Economics at Yale University and is a Fellow at the Yale International Center for Finance, Yale School of Management. He is also the founder and chief economist of the investment management firm MacroMarkets LLC. Shiller is ranked among the 100 most influential economists of the world.
Paris E. M. Murray