Fund industry expands 17% in H1

Breaking News July 09, 2014 00:00

Thailand's mutual fund industry showed a 17 per cent growth in the first half of this year, thanks to the advance in the Stock Exchange of Thailand index as well as rising demand for high-yield foreign bonds.

According to the survey by Morningstar, at the end of June, the net asset value of all mutual funds stood at Bt3.6 trillion. 
"All credits went to all in the industry which promoted the investment and introduced new products for investors, at times when domestic equity investment witnessed great volatility," Morningstar said in the report. 
The Nation

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