First Metro brings Roubini to Phl Investment Summit

MANILA, Philippines - First Metro Investment Corp., the country’s largest investment bank, will bring world renowned economist and strategic thinker Dr. Nouriel Roubini to the Philippines through the Philippine Investment Summit 2013.

The summit, dubbed “The Philippine economic upgrade: A bright spot in Asia,” will be held on Jan. 30 at the Makati Shangri-La Manila.

Roubini will discuss the latest outlook in the developed markets, emerging markets and the Philippines. Roubini is considered as an influential and authoritative figure not only in the US but also in global economies.

He is well sought out for his global economic insights and prescient calls on market trends, for which subsequent events have proved him right. He predicted the Asian financial crisis in 1998 and the recent economic slowdown in the developed markets that began in 2008, to name a few. He also promoted the standing of the Indonesian economy which was followed shortly by an investment upgrade for Indonesia.

Roubini’s in-depth analysis, coupled with insights and reactions from the roundtable discussion of leading industry players will make this event an authoritative forum that will lay bare the elements of the Philippine growth story.

First Metro president Roberto Juanchito Dispo said “the summit aims to be a platform to aggressively position the Philippines as a strategic investment hub in the region. It will highlight the impressive and vibrant landscape of the Philippine capital markets, other investment opportunities, and government policies and economic initiatives that will sustain growth.”

This will be a landmark event for every serious investor and capital-market participant looking into expanding their investments in the Philippines.

The summit will be attended by portfolio and investment managers of large global funds that include infrastructure funds, asset funds, sovereign wealth funds, hedge funds, pension funds, insurance companies as well as credit rating agencies, and foreign and domestic financial institutions.

This is a follow-up event to the highly successful Philippine Investment Summit for Global Fund Managers held in October last year, which was also organized by First Metro in partnership with its parent company Metrobank.