Siam Commercial Bank is the top fund asset gatherer in Thailand in 2017 thanks to high net inflows into its income-oriented global asset-allocation funds, according to Morningstar.
Tag: Thailand
First ETF approved under Asean CIS
Singapore Exchange (SGX) has approved the listing of One Stoxx Asean Select Dividend ETF under Asean Collective Investment Scheme (CIS) framework, according to a statement from the exchange.
Survey: Thai investors bullish on Asian debt
Thailand’s investment professionals expressed caution about developed market government bonds while remaining bullish on Asian and emerging market debt.
Kasikornbank pulls in Thai fixed income assets
Kasikornbank has been the biggest winner of Thai investors’s pivot to fixed income funds, according to Morningstar data.
Thailand’s K-Asset, Eastspring launch co-managed fund
Thailand’s Kasikorn Asset Management (K-Asset) and Eastspring Investments will co-manage an Asia fixed income fund that will be launched in Thailand.
Thailand opens to hedge funds
Thailand’s Securities and Exchange Commission (SEC) has issued a regulation allowing asset managers to set-up hedge fund-like products for domestic institutional and high-net-worth investors.
Thailand’s Krungsri launches dividend fund
Thailand’s Krungsri Asset Management has launched a dividend-paying equity fund in light of the expected rise of the Thai stock market.
Thai investors pour money into fixed income funds
Equity inflows were $232m in 2016, but fixed income funds reached $21.9bn, almost double that of 2015, according to Morningstar data.
Manulife AM names Thailand CEO
Former Fidelity Korea country head Michael Reed has been appointed Bangkok-based CEO for Manulife Asset Management Thailand.
Offshore funds grow AUM as Thailand opens
Relaxed regulations for Thai investors promise more access to global funds, but take-up could be slow because they compete with locally-wrapped funds, said Morningstar’s senior research analyst in Thailand, Kittikun Tanaratpattanakit.