The Government Pension Fund (GPF) is reviewing its five-year investment plan to help it cope with the global economic situation, but expects no impact on the fund’s performance from global political developments.
Srikanya Yathip, acting secretary-general at GPF, said the fund was reviewing its strategic investment plan for the next four to five years taking into account the global economy and growth trends.
“We see the global economy on a gradual recovery path. Meanwhile, short-term political conflicts have not yet affected investment,” she said, pointing to the GPF’s investment strategy focused on long-term investment with consistent returns.
GPF will invest more in alternative assets, including infrastructure-related ones, which will give its members long-term gains, she said. Presently, the fund has not less than 60 per cent in fixed-income instruments.