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Article: Short-term debt funds gain favor with Thai investors.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- July 10, 2004
CopyrightCOPYRIGHT 2004 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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By Nuntawun Polkuamdee, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Jul. 10--Short-term debt funds have become a popular alternative for investors seeking to minimise their exposure to longer-dated bonds as global interest rates look to be moving upward.
And while the country's economic and corporate fundamentals remain strong, investment sentiment in the Stock Exchange of Thailand has been relatively weak for much of the year due to both local and foreign factors.
Phuemphol Prasertlum, the president of PrimaVest Asset Management, said short-term bonds were an attractive choice for investors wary of current risks in the ...
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