Article: Thailand's Kasikorn Asset Management Plans Two New Overseas Funds.

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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