Tisco AM seeks offshore equity, hedge managers
The Thai asset manager is expanding its foreign fund range amid what it sees as limited upside in investing in the local market.
Thailand’s Tisco Asset Management plans to launch more active foreign investment funds (FIFs), notably thematic and hedge funds, with the latter expected to be allowed in the local market next year. This comes amid growing interest in overseas assets as returns on domestic investments are weaker than in the past.
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