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Philippines Wealth Fund Eyes Infra Assets

Philippines’ Social Security System is seeking to acquire REITs and infrastructure assets in future.

Philippines’ Social Security System (SSS) is seeking to acquire REITs and infrastructure assets in future, Asian Investor reports. The wealth fund will consider real estate assets after implementing rules are in place and some products emerge.

According to president of the SSS, Emilio de Quiros, the fund may also invest in exchange-traded funds once there’s a market for them. SSS’ assets under management have increased to $7 billion from $6.3 billion in August last year.

Click here for the story from Asian Investor.

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