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PHI Group, Inc. (OTC Markets:PHIL), a management services company with a market capitalization of $4.69 million and showing a notable 33% gain over the past week according to InvestingPro, announced on Monday an asset management agreement with an undisclosed ultra-high-net-worth investor group. The contract, signed on May 6, 2025, involves managing a $120 million investment fund over a five-year term, with an option for renewal.
The investor group will entrust PHI Group with the responsibility of investing in various transactions, which the company will select, advise on, and manage. As compensation for its services, PHI Group will receive an annual management fee of 5% of the principal amount and a 30% share of the profits generated from the investments. This agreement comes at a crucial time for the company, which InvestingPro data shows has been facing financial health challenges with a weak overall score and current liabilities exceeding liquid assets.
A significant portion of the investment fund is earmarked for initial investments in the International Financial Center and the Asia Diamond Exchange in Vietnam, as well as in geomagnetic energy technology initiatives by Philux Global Energy and other selected projects.
The company has stated that the details of the agreement are subject to confidentiality and a non-disclosure agreement, and therefore, a copy of the Asset Management Agreement will be submitted directly to the Securities and Exchange Commission.
This strategic partnership aligns with PHI Group’s broader goals of leveraging its expertise in managing large-scale investments and expanding its portfolio of high-value projects. InvestingPro subscribers have access to 8 additional key insights about PHI Group’s financial position and market performance, including detailed analysis of its growth prospects and market correlation patterns.
The information in this article is based on PHI Group’s SEC filing.
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