PSE seeks to attract Japanese funds

Posted at 02/10/14 10:35 AM

MANILA, Philippines - The Philippine Stock Exchange is seeking to attract Japanese funds as it goes on a roadshow in Tokyo this week.

The PSE and DBP Daiwa will be holding a Philippine Corporate Day at Daiwa's headquarters in Tokyo on February 13-14.

"We’ve seen more interest from Japanese funds to include Philippine companies in their equity portfolio after the country was given investment grade status. This roadshow in Tokyo will give them a preview of what the Philippine stock market has to offer and it will give them a sense of how committed we are to the developing of our capital markets," PSE President and CEO Hans B. Sicat said in a statement.

The event is aimed at showcasing the prospects of the local stock market. Several listed companies will also be featured.

Among the listed companies participating in the Philippine Corporate Day are Ayala Land, Banco De Oro, ICTSI, JG Summit Holdings, Metro Pacific Incorporated, The Philippine Stock Exchange, Inc., Robinsons Retail Holdings Inc., Security Bank, San Miguel Corporation and SM Prime Holdings.

Representatives from the listed companies are expected to meet with 20 top investment companies in Japan.