The Fund Managers Association of the Philippines or FMAP was establishedin April of 1997 with the mission of fostering the development of the capital and financial markets, in particular, the fund management industry.   It is an organization of local equity and fixed income fund managers, currently composed of 42 institutions each administering at least P100 million worth offunds with a total AUM of P2.0T.   Its membership has steadily grown over itsnearly ten 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.

In particular, the more salient core objectives of FMAP are: 

• contribute in the formulation of policies and guidelines of regulatory agencies such as the SEC, BSP and Insurance Commission aimed at increasing efficiency and effectiveness of the fund management industry 
• collaborate with government agencies and other organizations in the consideration or amendment of laws affecting the industry 
• educate by way of seminars, symposia and other fora and propagate information in the interest of members and the general public