Thailand's GPF: How it selects external managers
The pension fund decides on the top-down investment approach and makes asset allocation decisions, and depends on managers to deliver alpha using a bottom-up approach.
Thailand’s Government Pension Fund (GPF) places high emphasis on environment, social and governance (ESG) when it selects investment managers, and expects them to deliver alpha using a bottom-up approach, a senior investment official told AsianInvestor.
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