Morgan Stanley exec thinks Maharlika Wealth Fund will be good in the long run

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Morgan Stanley exec thinks Maharlika Wealth Fund will be good in the long run
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A high-ranking executive from multinational investment firm Morgan Stanley believes that the administration’s controversial proposed Maharlika Wealth Fund is interesting as it will be able to attract many investments in the long term, Malacañang said.

A high-ranking executive from multinational investment firm Morgan Stanley believes that the administration’s controversial proposed Maharlika Wealth Fund is interesting as it will be able to attract many investments in the long term, Malacañang said.

In a statement, Garafil said Laroia committed to investing in the Philippines to support the administration’s aggressive development agenda. “Because you know there’s a lot to work with in the Philippines, as you said, the supply side dynamics need to improve,” he said. It is a global leader in investment banking and has been advising clients on transactions, including mergers, acquisitions, restructurings, initial public offerings , convertibles, share repurchases, debt offerings, and derivatives, among other services.

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