Company Profile

BSP Capital Funds Management is the leading investment management company in Papua New Guinea. It is licensed by the Bank of Papua New Guinea under the Superannuation (General provisions) Act 2002.

Due to its in-house expertise, as well as formal relationships with leading fund managers, investment banks and other professional advisors globally, BSP Capital Funds Management is able to provide investors with the full spectrum of managed investments across all asset classes. It manages Cash, Fixed Interest, Government Securities, Corporate Debt, POMSoX-listed Equities, ASX-listed Equities, LSE-listed Equities, Unlisted Equities and Property assets for over 20 clients.

Stock Market News and Updates

  • Monday 22nd May 2017

    U.S. U.S. stocks rose Friday for two sessions in row as a rally in industrials and energy sectors supported a broad market gain. However, the S&P 500 and the Dow Jones Industrial Average fell for a second straight week in a row amid ongoing political uncertainty in the wake of President Donald Trump's controversial firing of Federal Bureau of Investigation Director James Comey.

    The S&P 500 SPX, +0.68% gained 15 points, or 0.7%, to close at 2,381 while the Dow Jones Industrial Average DJIA, +0.69% added 141 points, or 0.7%, to end at 20,804. Both indexes fell 0.4% for the week. The Nasdaq Composite Index COMP, +0.47% climbed 28 points, or 0.5%, to close at 6,083, logging a weekly drop of 0.6%.

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