SM Investments Corporation bagged this year’s Company of the Year Award from the Fund Managers Association of the Philippines.

Based on the FMAP Banks and Brokers Poll, SM was voted by FMAP member institutions in line with its advocacy of promoting good corporate governance and minority shareholder protection among listed companies, a press release from the firm said.

The awarding ceremonies were held recently during the 2013 FMAP Awards and Fellowship Night in Makati.

In March, SM hosted a conference for FMAP to brief its members with regard to the full-year 2012 results and future plans not just of the conglomerate, but also of its listed companies which included SM Prime Holdings Inc., SM Development Corp., BDO Unibank, China Banking Corp., and Atlas Consolidated Mining & Development Corporation.

Present at the conference were more than 80 domestic fund managers who interacted with the senior executives of SM and its subsidiaries, the press release said.

FMAP is an organization of local equity and fixed-income fund managers in the Philippines, established since 1997 with the aim of fostering the development of the capital and financial markets, particularly the fund management industry.

Its membership has steadily grown over years of participation in activities largely aimed at informing and thereby protecting the investing public as well as espousing the interests of concerned government agencies.

SM is one of the country’s largest holding companies. The group has market leading interests in shopping mall development and management, retail, real estate development and banking and a growing interest in hotels and conventions, the press release added.*

back to top