Politics and performance cause backlash at Thailand's GPF

Nov 22, 2009

ThailandÆs Government Pension Fund feels the need to win support from civil servants before it can return to taking greater investment risk.

The Bt430 billion ($12.9 billion) Government Pension Fund, Thailand's pension fund for civil servants, has scaled back its investment risk profile and may not return to its pre-2008 strategic asset allocation.

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