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BTAM aims to raise assets to B47bn through 12 new funds.

Bangkok Post (Bangkok, Thailand)

| February 01, 2006 | COPYRIGHT 2006 Bangkok Post. 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)Copyright

Byline: Nuntawun Polkuamdee

Feb. 1--BT Asset Management, a subsidiary of BankThai, aims to raise assets under its management to 47 billion baht by the end of this year from 30 billion baht now.

To achieve the target, the company will offer 12 new funds this year, focusing on fixed-income and mixed funds, according to president Anusorn Tamajai.

"We hope we can reach the target through continuously promoting existing and new products and increasing work efficiency. This year, we plan to develop our back office, upgrade technology and improve risk management," he said. BTAM has been operational since April 18, last year. As of Jan 20, it had total ...

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Source: HighBeam Research, BTAM aims to raise assets to B47bn through 12 new funds.

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