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Thai Social Security Fund Hires Professional Fund Managers.
Byline: Krissana Parnsoonthorn
Sep. 5--The Social Security Office yesterday marked a historic first by hiring two professional fund managers to manage its combined assets, worth 10 billion baht.
Thai Farmers Asset Management and One Asset Management were appointed to manage parts of the Social Security Fund, for the welfare of children and the elderly, in private funds worth five billion baht each for the next two years.
"This is the first time in the 12-year existence of the Social Security Office that it has allowed two private asset managers to manage its assets. We hope they will provide more benefits to employees and employers who have ...
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Source: HighBeam Research, Thai Social Security Fund Hires Professional Fund Managers.