SCBAM Recognized for Strong Investment Capabilities
Fitch Ratings has recognized Siam Commercial Bank Asset Management, or SCBAM, for its strong investment capabilities and operational framework. SCBAM is praised for its robust investment process, effective risk management, and experienced team. As of 2023, SCBAM holds a 20.6% market share in Thailand’s asset management industry, managing one point eight trillion baht in assets.
Fitch Ratings has recognized Siam Commercial Bank Asset Management (SCBAM) for its strong investment capabilities and operational framework.
Several factors contributed to SCBAM’s high rating, including a robust investment process, an experienced investment team, and effective risk management.
Fitch praised SCBAM’s well-structured and disciplined approach to managing various funds, its in-depth fundamental research, formal investment decision process, and active investment committee.
SCBAM employs both quantitative tools and qualitative factors such as ESG practices to make informed investment decisions.
The firm is enhancing its machine learning use in domestic and foreign equity funds.
Fitch also noted that SCBAM’s portfolio managers are well-qualified experts in their respective asset classes, and the firm has a decreasing staff turnover rate and a strong succession plan.
SCBAM’s risk management framework aligns closely with its parent, the Siam Commercial Bank, ensuring strong oversight and centralized auditing.
Fitch highlighted that SCBAM maintains an independent risk management and compliance team and is planning to establish sub-committees for better control and monitoring.
As of 2023, SCBAM holds a 20.6% market share in Thailand’s asset management industry, managing 1.8 trillion baht in assets under management (AUM).
Several factors contributed to SCBAM’s high rating, including a robust investment process, an experienced investment team, and effective risk management.
Fitch praised SCBAM’s well-structured and disciplined approach to managing various funds, its in-depth fundamental research, formal investment decision process, and active investment committee.
SCBAM employs both quantitative tools and qualitative factors such as ESG practices to make informed investment decisions.
The firm is enhancing its machine learning use in domestic and foreign equity funds.
Fitch also noted that SCBAM’s portfolio managers are well-qualified experts in their respective asset classes, and the firm has a decreasing staff turnover rate and a strong succession plan.
SCBAM’s risk management framework aligns closely with its parent, the Siam Commercial Bank, ensuring strong oversight and centralized auditing.
Fitch highlighted that SCBAM maintains an independent risk management and compliance team and is planning to establish sub-committees for better control and monitoring.
As of 2023, SCBAM holds a 20.6% market share in Thailand’s asset management industry, managing 1.8 trillion baht in assets under management (AUM).
