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BPI Wealth is here to show that its continued support to the Philippines’ growing sailing community can also leave a legacy of sustainability.
On the day the asset management unit of the Ayala Group’s banking arm announced the second season of the BPI Private Wealth Signature Yacht Race Series, Maria Theresa Marcial, company president and CEO, took the opportunity to unveil an upcoming BPI Wealth product: an investment fund that will support marine conservation advocacies and projects.
The groundbreaking fund is targeted to set sail in June 2025, in time for the celebration of World Oceans Month. BPI Wealth has yet to reveal the final design of the new product, but Marcial says the product will target small investors.
”I think this will be the first of its kind in the Philippines,” Marcial tells reporters during the media launch held at the upscale Manila Polo Club, where BPI Wealth threw an awards gala that celebrates the accomplishments of the first season and sets the course for an exciting year ahead for sailing teams in the country.
“In terms of concept, it’s really to set aside a portion of the fund to be contributed to organizations that will implement marine conservation projects and initiatives … It’s not so much [to] invest in instruments that focus on sustainability because the investment universe is not very broad, at least in the Philippines,” she adds.
