Schroders, an asset and wealth manager, and ttb wealth securities, a subsidiary of TMBThanachart Bank (ttb) today announced a long-term strategic partnership to develop a wealth and investment management proposition for high-net-worth (HNW) and ultra-high-net-worth (UNHW) wealth clients in Thailand.

At the core of the partnership is a joint investment forum for the exchange of insights between Schroders, with its investment capabilities across public and private markets and ttb wealth securities, with its understanding of Thai investors, according to a joint statement by the firms.

Schroders and ttb wealth securities will work together to assess market developments, draw on global asset-allocation perspectives and develop discretionary investment solutions for ttb wealth securities’ private wealth clients, starting with a bespoke global multi-asset portfolio.

In addition to investment capabilities, Schroders will bring its broader wealth management expertise to the partnership, drawing on its experience supporting individuals, families and family offices across generations. Schroders will support ttb wealth securities in connecting its investment decisions with clients’ wider wealth priorities, from portfolio growth and diversification to long-term planning and intergenerational wealth transfer.

Both organisations will also work together to support the continued development of ttb wealth advisers. The collaboration will promote the sharing of investment insights and market perspectives, helping to foster greater depth and perspectives for client engagement.  

Katherine Cox, head of client group, South Asia and Global Official Institutions, Schroders, said: “As Thailand’s wealth segment continues to evolve, we are pleased to partner with ttb wealth securities to support its efforts to Thai investors invest with greater confidence and pursue their long-term financial goals.”

Saranya Phuphatana, chief executive officer, ttb wealth securities, said: “Partnering with Schroders gives our advisers direct access to global investment expertise and insights, enabling us to deliver more robust and comprehensive wealth solutions tailored to the evolving needs of Thai investors.”

Navin Intharasombat, executive advisor, investment & product strategy, ttb bank and chairman of Executive Board, ttb wealth securities added: “The next phase of wealth management will be defined by the strength of the investment architecture behind the client experience. This partnership marks an important step for ttb wealth securities, bringing greater institutional depth to the way we develop our wealth management proposition.”