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Article: Thailand's Kasikorn Asset Management Plans Two New Overseas Funds.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- October 24, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bangkok Post, Thailand Knight Ridder/Tribune Business News
Oct. 24--Kasikorn Asset Management plans two new overseas investment funds at the end of the year, giving local investors an opportunity to reduce country risk and diversify their portfolios.
The first fund would focus on investment grade sovereign bonds, and the second fund on emerging market debt, said president Dayana Bunnag.
The funds were expected to have a combined size of 4-5 billion baht, with domestic institutions the primary market.
K-Asset is one of five firms licensed last year to offer foreign investment funds. Its 600-million-baht Ruang Khao Global Balanced ...
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Article: Thai Financial Firm to Launch Two Fixed-Income Funds.
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700+ words
... ... Polkuamdee, Bangkok Post, Thailand Knight ... Dec. 9--Kasikorn Asset Management plans ... shareholder of Kasikorn Asset Management ... managed by Kasikorn Asset Management ... more of the Bangkok Post, or to subscribe ...
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