Thailand's fund industry in danger of being left behind

The following article first appeared in the May 2008 edition of AsianInvestor magazine. Each month we offer online a feature from the magazine. To subscribe, please email us at stephen.tang@asianinvestor.net.

With a total asset size of Bt1.4 trillion ($44.3 billion), Thailand’s mutual fund industry is the largest in Southeast Asia. Despite Thailand’s edge assets-wise over other markets in the region, it will likely be left behind unless it can carve a niche for itself in the same way that Malaysia has positioned itself as a global centre for Islamic capital markets.