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Pru Life UK to sell trust unit to Atram Investment Management • Jasper Y. Arcalas

THE Atram Investment Management Partners Corp. (Atram Investment) is set to acquire Pru Life UK Asset Management and Trust Corp. (PAMTC) by 2024 with Atram Investment absorbing the latter’s fiduciary portfolio by November this year. Through a statement, Pru Life lnsurance Corp. of U.K. (Pru Life UK) said it will focus on its core business
Eng Teng Wong Michael Ferrer Bangko Sentral Atram Group Atram Investment Management Partners Corp Exchange Commission

PHL digital investment platform bags $6M | Rizal Raoul Reyes

SEEDBOX Technologies Inc. (Seedbox) announced last Wednesday it received a $6-million investment by new investors SBI Ventures Singapore Pte. Ltd. (SBI Ventures) and Philippine Equity Partners Inc. (PEP). Seedbox is a joint venture between the independent asset and wealth management Atram group and the Indonesian-based software company PT Indivara. Rex…
Jusuf Sjarrifudin Rex Ma Lorenzot Roxas Michaelv Ferrer Yujin Otsuka Holdings Inc

GDP to fall -8.8% in 2020 – Sun Life – The Manila Times

Sun Life Philippines further slashed its Philippine economic growth estimate for this year after factoring in the lack of spending in the country, which it blamed on the impact of the coronavirus disease 2019 (Covid-19) pandemic. In a briefing on Thursday, Sun Life Philippines Chief Investments Officer Michael Enriquez said the life insurance company now forecast the country’s gross domestic product (GDP) to shrink by 8.8 percent this year, worse than its earlier outlook of a 2- to 2.5-per...
San Carlos Negros Occidental Sun Life Michael Enriquez International Monetary Fund Moody Investors Service

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