Krungthai Axa Life ramping up overseas exposure
The Bangkok-based insurer could almost double its foreign exposure in two years, using external fund managers to do so, says its CIO. Its peers are making similar moves.
Krungthai Axa Life Insurance, like several of its Thai peers, is looking to diversify its portfolio, and investing more offshore is a key part of its strategy. The firm, a joint venture between French group Axa and local firm Krung Thai Bank, is also considering moving into alternative assets beyond real estate investment trusts (Reits).
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