Following China’s award of RQFII quota to Thailand last month, Krung Thai Asset Management plans to apply for a licence, but rival Tisco AM takes a different view.
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The Thai asset manager is expanding its foreign fund range amid what it sees as limited upside in investing in the local market.
Target-redemption funds have been attracting inflows in Thailand due to swinging volatility in the local stock market. But not all asset managers have jumped on the bandwagon.
