Insurers divided over appeal of Thai Future Fund

The long-awaited Thailand Future Fund, a state-backed infrastructure investment vehicle, is scheduled to make its public debut next month, and some local insurance firms say it will provide an interesting opportunity. But one chief investment officer (CIO) at a Thai insurer told AsianInvestor privately last month that the fund's relatively low and potentially uncertain expected returns could dampen interest. Others, meanwhile, point to a lack of available assets.  The initial pu…