Insurers from the country face increasing risks in the local equity market, but they may have to take them with fixed income returns set to diminish further due to a lower interest rate.
Thailand's leading state pension fund is seeking to boost returns through more diverse investing and partners, as it prepares for an upsurge in retirees.
Thailand's leading pension fund has been increasing the size of its internal investment team and will add more personnel, said Man Juttijudata, assistant secretary of risk management.
The nation’s regulator aims to develop and expand the local ETF market further but has its work cut out to solve the problems constraining asset owner involvement.
Thailand’s Government Pension fund is contemplating teaming up with pension funds from other countries as it continues to ramp up its exposure to alternatives investments.
A surprise doubling of the overseas allocation limit to 30% and lifting of the ban on private equity investment are welcome changes for increasingly yield-starved Thai insurance firms.