Krung Thai AM developing online platform

Bangkok-based Krung Thai Asset Management is responding to volatility-driven local client conservatism by developing a digital channel for its money-market products and mulling a real estate investment trust fund of funds. Chief executive Chavinda Hanratanakool told AsianInvestor the firm had seen a 65% increase in the assets of its four MMFs over the past year, amounting to $2.7 billion in net new flows. It has, however, seen a fall in segregated assets, as well as overall AUM on…