Cash still king for Filipino investors

Volatility in the financial markets has dampened the enthusiasm of Filipino investors, prompting more of them to rely on cash as their “best-of-the-worst” investment strategy, a financial services firm said.

Manulife Philippines on Monday cited results from its Manulife Investor Sentiment Index (MISI) survey, which found that Filipino investors are increasingly relying on cash as their investment choice in a volatile market.