The largest pension fund in Thailand is expanding its investment division with a view to implementing a long-planned ten-fold jump in its overseas allocation.
The $38 billion pension fund is moving to diversify as well as expand its investment team. We speak to its new head of investments, Chompoopen Sirithorn.
The $28 billion institution has chosen which firms will manage $200 million of its international portfolio. It will award mandates for another $400 million in 2012.
The $25 billion state institution is making its first moves into foreign equities and property and boosting its exposure to international fixed income with three $200 million mandates, one for each asset class.