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.
The country's retirement funds must embrace a broader array of investments, including alternative assets, if they are to meet the needs of their fast-aging population.
The country should make private pension schemes more popular to ensure its population saves enough for retirement. Plus existing funds need to update their investing and products.
The country with the most rapidly aging population in Southeast Asia needs to get people saving more, and quickly, to avoid a rise in its elderly poor.