Fri, April 4, 2008 : Last updated 10:08 hours
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TMB launchs 2 more Koran bond funds
TMB Asset Management is to launch two more funds for investment in Korean bonds, following the huge success of the previously-launched nine funds.
Managing director Chotika Sawananon said each fund would be worth Bt3 billion, and it would invest in bonds with maturity of 1 and 2 years.
"In March, we have launched 9 funds and received overwhelming response, securing over Bt15 billion in total investment," she said.
Thai investors are seeking higher returns overseas at times when local rates are extremely low.
- The Nation
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