Expectations are that banks in Thailand will soon be able to offer a far wider range of global funds to clients as regulations relax, said Vira-anong Phutrakul, managing director and head of retail banking at Citibank in Bangkok.
Tag: Thailand
Lombard Odier partners with Thai bank
The Swiss firm has signed an agreement with Thailand’s Kasikornbank to provide wealth management services to the bank’s private clients and enter a market with the highest HNWI growth in ASEAN.
Distribution challenges in ASEAN CIS
The ASEAN collective investment scheme framework will take time to gain traction as the real challenge lies in penetrating the local distribution networks, according to research firm Cerulli Associates.
Amundi sets up a MF distribution co in Thailand
Amundi Group has expanded its operations in Asia, setting up a wholly-owned mutual fund brokerage company in Thailand.
Investors get access to Asean CIS framework
The ASEAN collective investment scheme framework (CIS) has been launched, allowing investors in Singapore, Malaysia and Thailand access to cross-border financial products.
CIMB Principal to buy Finansa AM in Thailand
CIMB-Principal Asset Management has entered into a deal to acquire Thailand’s Finansa Asset Management.
Mekong countries agree on capital market
Thailand and other Mekong region countries have agreed a deal which will pave the way for increased capital market cooperation, with a view to boosting economic growth across the region.
Aberdeen names Leenabanchong as Thailand CEO
Aberdeen Asset Management has poached UOB Asset Management’s chief investment officer Korawut Leenabanchong as its new chief executive.
Thai regulator Japan FSA deepen fin coop
The Thai capital market regulator has entered into a collaboration with Japan’s Financial Service Agency that will strengthen cross-border business opportunities between the two countries and also enable more investment choices for investors.
Asean collective schemes for Thai retail investors
The Thai regulator has paved the way for cross-border ASEAN collective investment schemes to be sold to retail investors later this year, with the publication of a set of draft regulations.
