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Metrobank Trust takes charge of SSS’s P1.5 billion Balanced Fund

The Social Security System (SSS) has awarded a mandate to manage a P1.5 billion balanced fund to Metrobank Trust, a subsidiary of the Ty family’s Metropolitan Bank & Trust Co., in a move aimed at optimizing returns through investments in equities and fixed-income assets.

This decision underscores the confidence the state pension fund, which serves the private sector, has in Metrobank Trust’s proven track record and the performance of its Trust Banking Group, allowing it to outpace competitors for this undertaking.

Metrobank Trust’s appointment, which began in February and is set to continue for three years, was based on its historical success and capacity in asset management, as highlighted by SSS.

Jikee Reyes, head of Metrobank’s Trust Banking Group, described the mandate as a vote of confidence in Metrobank’s investment management leadership and standards.

Metrobank has been instrumental in various nation-building efforts. Notably, it has been recognized by the Bureau of the Treasury as the Top Market Maker for Government Securities Eligible Dealers (GSED) for three consecutive years, up to 2024.

The bank has received accolades from global financial authorities, highlighting its strength, dependability, and outstanding banking performance. Its team includes members ranked among the Top 10 Astute Investors in Asia by The Asset, a recognition from the Hong Kong-based publication.

Furthermore, Metrobank has been named the Philippines’ Bank of the Year for 2022 and 2023 by The Banker and was awarded the title of the Strongest Bank in the Philippines by The Asian Banker from 2021 to 2023, marking its sustained excellence in the banking industry.

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