Top Fund Management Companies in Philippines

The fund management industry in the Philippines plays a critical role in mobilizing domestic savings and channeling investments to productive sectors of the economy. Over the past several years, the industry has experienced considerable growth, driven by factors such as government support, increasing investor awareness, and the emergence of innovative financial products and services. This article offers a comprehensive analysis of the various aspects of the fund management industry, providing insights into its current state and future potential.

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CompanyHeadcountContactDescriptionDecision Maker
ANTLER1,814

BRIDGE SOUTHEAST ASIA27

INSPIRE VENTURES (VENTURE BUILDER ASEAN)35

QUEST VENTURES53

500 GLOBAL2,001 +65 6340 7200

500 Global is a venture capital firm with over $2.7B in Assets Under Management that invests early in founders building fast-growing technology companies. We focus on markets where technology, innovation, and capital can unlock long-term value and drive economic growth. 500 Global has backed over 5,000 founders representing more than 2,600 companies operating in 80 countries. Our portfolio includes 51 companies valued at over $1 billion and 140 companies valued at over $100 million. Our 140+ plus team members are located in more than 15 countries and bring experience as entrepreneurs, investors, and operators from some of the world’s leading technology companies.

RUTLEDGE GLOBAL131 +65 6515 0050

Building companies with technology, good market-fit and the potential to scale. Rutledge Global is a Singapore-based investment house with a portfolio of operational businesses, venture-build enterprises and technology start-ups at various stages of growth.

PLATINUM EQUITY493 +65 6709 4090

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $47 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 27 years Platinum Equity has completed more than 400 acquisitions.

MONK'S HILL VENTURES55 +65 6514 0015

Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, MHV is a venture capital firm investing in early-stage tech companies, primarily pre-Series A and Series A, in Southeast Asia. Backed by institutional investors and family offices worldwide, MHV works with great entrepreneurs to use technology to improve the lives of millions of people in the region.

GOBI PARTNERS99 +60 3-2778 6800

Gobi Partners is the most interconnected Pan-Asian venture capital firm with US$1.5 billion in assets under management (AUM) across North Asia, South Asia, and ASEAN. Headquartered in Kuala Lumpur and Hong Kong, the firm supports entrepreneurs from the early to growth stages and focuses on emerging and underserved markets.Founded in 2002, Gobi has raised 15 funds to date, invested in over 320 startups and nurtured 9 unicorns. Gobi has grown to 15 locations across key markets in Bangkok, Beijing, Guangzhou, Ho Chi Minh City, Hong Kong, Jakarta, Karachi, Kuala Lumpur, Lahore, Manila, Riyadh, Shanghai, Shenzhen, Surabaya and Singapore.As a Participant of the United Nations Global Compact, Gobi Partners is committed to aligning strategies and operations with universal principles on human rights, labour, environment and anti-corruption to ensure long-term value creation and sustainability across our portfolio.

W GROUP98 +63 2 8808 0463

In five decades since it was founded, W Group has made a name for itself in the Philippine business groups in seaweed trading and carrageenan production, investment, and real estate industries. Established by the prominent Wee Family, W Group has been steadfastly contributing to the country’s business and economic growth by maintaining a culture of excellence and integrity across all its business interests. Having maintained a tradition of business excellence and good corporate governance, W Group started engaging in the seaweed trading and carrageenan production in 1969 then later expanded as a provider of food ingredient solutions under its subsidiary, W Hydrocolloids. It has been progressively growing to become the global leader in the business carrying the trade name brand RICO® Carrageenan, making everyday food consumption a better experience. W Group acquired Cebu Carrageenan Corporation in 2010 and recently, Philippine Bio-Industries, to leverage its global footprint to serve its customers globally. Marine Resources Development Corporation is the local food ingredients arm of W Group, providing world-class solutions to Philippine clients and has a hot and cold compress brand called W ThermaPack.Having combined W Group’s expertise and extensive networks, they expanded and diversified their portfolio to enter into the real estate and investment business in 1996 at the Bonifacio Global City, a former military base that was converted into a premier center of economic growth and now the country’s most robust central business district. W Group, through its real estate arm W BGC, established several iconic buildings that include W Towers Residences, W High Street, W Global City Center, W Fifth Avenue, Citibank Plaza, W City Center, and W Sixth Avenue – its latest addition to its growing portfolio.The achievements of W Group to this day shows its commitment and dedication in providing great service to its clients through rewarding partnerships.

INSIGNIA VENTURES PARTNERS29 +65 9784 9810

Insignia Ventures Partners is a Southeast Asian early-to-growth stage technology venture capital firm founded in 2017. Portfolio companies include GoTo (IDX: GOTO), Appier (TSE: 4180), Carro, Ajaib, Shipper, Tonik, Flip, Fazz, Super and many other technology market leaders. We partner early with founders and support them from seed through growth stage as their companies create meaningful impact for millions of people in Southeast Asia and beyond. Our team of investment and operating professionals brings together decades of experience and proprietary networks to equip our founders with the tools they need for growth. We manage capital from premier institutional investors including sovereign wealth funds, foundations, university endowments and renowned family offices from Asia, Europe and North America.At Insignia, culture is the core that propels us forward. We value diversity, honesty and transparency. Most importantly, we want our team members and portfolio companies to add to our culture. We are a unique team of passionate and multi-talented people; each distinct yet strongest together. We are inspired by that moonshot ambition to reshape markets and change the world starting with Southeast Asia. If you are looking to work alongside some of the best and brightest in a myriad of fields, come join a team that does great things while creating a life you are passionate about.

INTEGRA PARTNERS22 +65 6705 1666

Integra Partners is a venture capital firm that invests in early-stage companies using technology to drive access and affordability to responsible financial services and digital healthcare in the Southeast Asian and South Asian regions. Integra Partners was formerly known as Dymon Asia Ventures. Reach out below if you’re raising a Series Seed, A or B round or just want to connect.

INVESTIBLE42 +65 9833 2434

Investible is an early-stage venture capital firm backing the visionaries advancing humanity through technology. Our mission is to connect ground-breaking companies with the capital, expertise and networks they need to realise their potential on a global scale.Founded in 2014 and with offices in Sydney and Singapore, our unique approach to early-stage tech investment globally sees our VC Funds co-investing alongside members of Club Investible, our active, global investor community.

KICKSTART VENTURES, INC.25 +63 2 7625 8723

Kickstart Ventures is a Corporate Venture Capital firm and a wholly-owned subsidiary of Globe Telecom, the Philippines’ leading mobile operator. Kickstart invests in early- to early-growth stage tech startups globally, and serves as an advisor to the Ayala Corporation Technology Innovation Venture Fund (“ACTIVE Fund”) established by AC Ventures together with various Ayala group business units.Kickstart puts capital, market access, and expertise behind startups so they have a better shot at success. If you’re a tech startup founder and in fundraising mode, we invite you to check out our Investment FAQs: https://www.kickstart.ph/faqsDate Incorporated: 28 March 2012

MEET VENTURES15 +65 9489 9189

Meet Ventures is an innovation consultancy firm and early stage investor. As an innovation consulting firm, we specialize in helping organisations such as MNCs and government agencies to work with startups across South East Asia. Our core service is to help our clients plan, develop and execute their preferred accelerator program effectively. Our team consists of former operators, venture builders, investors and consultants from leading global consultancy firms who have managed more than 20 different accelerator programs across the region.

NORTHSTAR GROUP81 +65 6533 3211

The Northstar Group is a Singapore headquartered private equity firm managing more than US$2.5 billion in committed equity capital dedicated to investing in growth companies in Indonesia and to a lesser extent, other countries in Southeast Asia.The Northstar Group has a solid track record of actively growing the businesses of its investee companies over its investment horizon. Since its founding in 2003, the Northstar Group has raised five private equity funds and a venture capital fund and invested in more than 50 companies across the banking, insurance, consumer/retail, manufacturing, technology, telecom, and agribusiness sectors. The Northstar Group has invested over US$3.3 billion with its co-investors in the Southeast Asian region. The Northstar Group is supported by a team of over 25 professionals. The team brings together significant international experience, deep local market insight, and sensitivity to local conventions and conditions The investors in the Northstar Group funds include a global list of sovereign wealth funds, pension funds, endowments, family offices, and other institutional investors. The Northstar Group holds a Capital Markets Services License for the provision of Fund Management services from the Monetary Authority of Singapore. The Northstar Group is also an Exempt Reporting Advisor with the United States Securities and Exchange Commission.

TECHSTARS3,093 +65 6735 1987

The worldwide network that helps entrepreneurs succeed. We provide access to capital, mentorship, talent, and infrastructure.⬇️ Apply now

TRANSASIA PRIVATE CAPITAL LIMITED34 +65 6955 7510

TransAsia Private Capital Limited (TA) was established in 2013 and is a Hong Kong and Singapore based Asia focused private debt middle market direct lending asset manager licensed by the Hong Kong SFC and the Singapore MAS.TA manages AUM across an open-ended short-dated trade finance strategy (Fund I), an open-ended supply chain/value chain financing strategy (Fund II) and a closed-ended asset backed term loan strategy (Fund III). Our core capabilities are in Loan Origination, Loan Underwriting and Loan Servicing underpinned by a solid asset-liability management culture.

DRAPER STARTUP HOUSE69 +65 6423 0237

We think of Draper Startup House as the NEW INTERNATIONAL CHAMBER OF COMMERCE consisting of physical business hubs, education services, venture capital and technology services. With current location in 18 countries, our mission is to expand to 100 countries by 2030 and help create 1 million news businesses worldwide through our global business ecosystem.Through the use of real human connection, inspired business travel, a diverse-minded community and access to global citizens - one is able to connect to new opportunities, inspire one another to innovate and execute, and empower one another to GO BIG, pay it forward, and drive progress.

SEQUOIA CAPITAL939 +65 6812 9162

Sequoia helps daring founders build legendary companies from idea to IPO and beyond. We spur founders to push the boundaries of what’s possible. In partnering with Sequoia, companies benefit from 48 years of tribal knowledge from working with founders like Steve Jobs, Larry Ellison, Larry Page, Jan Koum, Brian Chesky, Drew Houston, Adi Tatarko, Julia Hartz and Jack Dorsey. In aggregate, Sequoia-backed companies account for more than 25% of NASDAQs total value. From the beginning, the vast majority of money we invest has been on behalf of non-profits and schools like the Ford Foundation, Mayo Clinic and MIT, which means founders’ accomplishments make a meaningful difference.

Top Fund Management Companies in Philippines

Key Statistics from 2022: GDP and Employment

In 2022, the fund management industry contributed approximately 1.2% to the Philippine GDP, representing a 5.7% increase from the previous year. This growth can be attributed to the strong performance of various subsectors, including mutual funds, unit investment trust funds (UITFs), and pension funds.

Employment in the fund management industry has also experienced significant growth. In 2022, the sector provided jobs for over 85,000 individuals, a 4.9% increase compared to 2021. The industry has become an essential source of employment opportunities for financial professionals, including portfolio managers, financial analysts, and investment advisers.

Factors Contributing to Growth and Success: Government Initiatives

The Philippine government has played a crucial role in supporting the growth of the fund management industry through various initiatives, including:

Regulatory Framework:

The government has implemented comprehensive regulations and guidelines for the fund management industry, promoting transparency, investor protection, and market stability.

Tax Incentives:

The government has introduced tax incentives, such as reduced tax rates on capital gains and dividends, to encourage investment in managed funds and stimulate the growth of the industry.

Financial Education Programs:

The government has launched financial education programs to raise public awareness about the benefits of investing in managed funds and promote financial inclusion.

Support for Fintech Innovation:

The government has encouraged the development of fintech solutions, such as robo-advisors and digital investment platforms, to enhance the accessibility and efficiency of fund management services.

Industry Growth and Comparison to Previous Years

The fund management industry in the Philippines has experienced consistent growth in recent years, driven by the strong performance of various subsectors:

Mutual Funds:

In 2022, the mutual fund subsector witnessed a 6.3% increase in assets under management (AUM) compared to the previous year, reflecting the growing demand for professionally managed investment products.

Unit Investment Trust Funds (UITFs):

The UITF subsector experienced a 5.5% increase in AUM in 2022, driven by the rising popularity of these investment vehicles among retail and institutional investors.

Pension Funds:

The pension fund subsector saw a 4.7% increase in AUM in 2022, supported by the growing need for retirement planning and long-term investment solutions.

Key Trends and Technological Disruptions

The fund management industry in the Philippines has embraced various trends and technological disruptions, including:

Digitalization and Automation:

The adoption of digital platforms and automation technologies, such as robo-advisors and artificial intelligence, has revolutionized the way fund management services are delivered, making them more accessible, efficient, and personalized.

Sustainable Investing:

The increasing focus on environmental, social, and governance (ESG) factors in investment decision-making has led to the growth of sustainable investing and the development of ESG-focused funds, reflecting the shifting preferences of investors.

Passive Investing:

The rise of passive investing strategies, such as exchange-traded funds (ETFs) and index funds, has provided investors with low-cost, diversified investment options, challenging the traditional dominance of actively managed funds.

Fintech Collaboration:

The fund management industry has witnessed increased collaboration with fintech firms to develop innovative products and services that enhance the customer experience and expand the reach of fund management services to underserved segments of the population.

Challenges

Despite its growth, the fund management industry in the Philippines faces several challenges that need to be addressed to ensure continued success:

Investor Education:

While investor awareness has increased in recent years, there is still a need to enhance financial literacy and understanding of the benefits and risks associated with investing in managed funds.

Regulatory Adaptation:

The fund management industry must continue to adapt to changing regulatory requirements and ensure compliance with evolving rules and guidelines to maintain investor confidence and promote market stability.

Market Volatility:

The industry must navigate the challenges posed by market volatility, such as fluctuations in interest rates, currency exchange rates, and geopolitical events, to manage investment risks and deliver consistent returns to investors.

Competition:

The fund management industry faces increasing competition from alternative investment options, such as real estate, cryptocurrencies, and direct stock investments, necessitating the development of innovative and differentiated products and services to attract and retain investors.

Future Outlook

The future outlook for the fund management industry in the Philippines remains positive. With continued government support, increasing investor awareness, and a focus on addressing the challenges and embracing emerging trends, the industry is well-positioned for sustained growth. As the Philippines continues to develop its fund management capabilities, the industry is poised to play an increasingly vital role in the nation's economic development and financial inclusion efforts.

Conclusion

The fund management industry in the Philippines has experienced significant growth in recent years, driven by government initiatives, increasing investor awareness, and the adoption of innovative financial products and services. Despite facing several challenges, the industry's prospects remain bright, with ample opportunities for further expansion and development. As the Philippines navigates the complex landscape of the global fund management market, the nation stands to benefit from the immense potential of this growing sector in terms of economic growth, job creation, and financial inclusion.

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By Melissa Goh
Published on 27 May 2023