But several fund categories broke the trend and had net inflows during the first quarter.
Tag: Thailand
Eastspring liquidates Thai funds amid massive outflows
Four of TMBAM Eastspring’s fixed-income funds have been terminated due to a flood of redemptions, eliciting comments from Thailand’s deputy PM.
Eastspring rolls out two funds in Thailand
The firm has raised THB 11.1bn ($360m) from two feeder funds that were launched last month.
Hong Kong and Thailand plan MRF agreement
The development should be positive for China-focused products in Hong Kong, as there are only a few funds in Thailand providing exposure to the mainland.
Thai investors take profits from foreign investments
In 2019, Thai investors favoured domestic fund products, despite their lower returns compared with foreign investments, according to Morningstar.
Thai investors flee foreign funds
Thailand fund activity in the third quarter was marked by outflows from foreign equity and bond funds, according to a recent Morningstar report.
Phatra WM eyes Thailand’s self-managed wealth
Assets of Thailand’s do-it-yourself investors exceed that of clients in the private bank system, according to the head of wealth management at Phatra Wealth Management.
Eastspring extends footprint in Thailand
Eastspring Investments has agreed to buy a majority stake in Thanachart Fund Management (TFUND).
GAM turns sights on Southeast Asia
Emerging from a whistleblower scandal, the firm intends to focus on alternative strategies in Southeast Asia such as private lending.
DBS bolsters Thai wealth offering
DBS in Thailand aims to double its wealth AUM and relationship manager headcount by 2023, according to a statement from the firm.
