BSP relaxes UITF stock exposure limits

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Originally published byPhilippine Daily Inquirer

The Bangko Sentral ng Pilipinas (BSP) is easing its exposure rules for Unit Investment Trust Fund (UITF) invested in stocks, in a move aimed at giving fund managers greater flexibility in tracking market benchmarks and managing portfolios. UITFs are investment products where clients’ pool funds into a single investment vehicle that is then managed by […]...

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