ATR-KimEng's Hagedorn says invest in Philippines, buy PLDT

Posted at Jul 06 2011 12:24 AM | Updated as of Jul 06 2011 08:24 AM

Phillip Hagedorn, ATR-Kim Eng Asset Management's investment committee chairman, told Business Nightly that the Philippines is the market to invest in because of debt rating upgrades and rising corporate earnings. He said dips in PLDT's share price due to the Supreme Court's ruling on its foreign ownership is an opportunity to buy.

Business Nightly airs weeknights at 9 on ANC.