|
|
Article: GSIS, SSS urged to adopt "values-based" investing.
- Article from:
- Philippines News Agency
- Article date:
- October 20, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
MANILA, Oct. 19 (PNA) -- The Trade Union Congress of the Philippines (TUCP) has challenged the governing boards of the Government Service Insurance System (GSIS) and the Social Security System (SSS) to embrace "values-based investing" so that their fund managers here and abroad may be guided accordingly.
Besides keeping the hard-earned contributions of workers in safe, secure and profitable financial products that generate the highest possible returns, TUCP secretary-general and former Senator Ernesto Herrera stressed the need for both state-run pension funds to adopt a definite set of "core values" to guide their investment programs.
Herrera said a ...