Thailand’s pension fund curbs risk in new allocation


BANGKOK: Thailand’s US$30bil Government Pension Fund is lowering exposure to riskier assets in a revised asset allocation for the medium to long term.

The plan involved bolstering exposure to defensive Thai stocks, including those offering higher dividends, as a cushion against any downturn or market volatility, the fund’s head of investment strategy Arsa Indaravijaya said in an interview.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Thailand , Government , Pension , Fund , curbs , risks , allocation ,

   

Next In Business News

Wall St set to rise ahead of speeches from Fed officials
Sarawak Cable finds new hope as alternative party is identified
Main Market-bound Feytech IPO public portion oversubscribed
Bursa lifts Awantec's affected issuer status
SC charges Pixelvest and former Infinity Trustee director with unlicensed capital market offences
Ringgit ends firmer against US dollar
InNature buys 'Burger & Lobster' franchise, eyes expansion into F&B Sector
Bank Negara fines Habib with RM96,250 for AMLA non-compliance
Pharmaniaga says 'stands firm' on financial recovery to exit PN17
Kobay gets UMA query from Bursa Malaysia

Others Also Read