Opportunities abound in corporate, EM credit: Thai government pension
The Government Pension Fund of Thailand thinks the key to a successful 2023 lies in its capability to manage credit holdings, which account for 60% of the asset pool.
The Government Pension Fund of Thailand sees opportunities in the corporate bond and emerging market bond space, as valuations start to improve and bond yields are likely to be higher than expected inflation.
“Unlike the first half of 2022, where there were the worst six months for credit investment since the Civil War…We foresee the future to be more promising,” said Srikanya Yathip, secretary general of the Government Pension Fund (GPF) of Thailand, during the annual Milken Inst…
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