Thai Social Security Fund to Revise Investment Strategy
The Thai Social Security Fund plans to revise its investment strategy to include more foreign equities and off-market securities for higher returns and diversified risk. It currently invests 5% of employees' salaries in primarily SET50 stocks, totaling over 103 billion baht. Analysts advise caution due to exchange rate volatility, though experts highlight potential benefits from international diversification.
The Thai Social Security Fund plans to revamp its investment strategy for 2020-2024 to include more Thai debt securities, foreign equities, and off-market securities for higher returns and diversified risk.
Currently, a 5% salary deduction from employees up to a maximum of 750 baht is invested in Thailand's capital markets, predominantly in SET50 stocks such as PTT, CPALL, and SCC, amounting to over 103 billion baht.
Analysts are cautious about foreign investments due to exchange rate volatility, but experts from GPF and Globlex Securities highlight the potential benefits of diversifying into international markets.
The growth in SET50 stocks is uncertain, yet they are expected to provide a 3% annual dividend return.
Currently, a 5% salary deduction from employees up to a maximum of 750 baht is invested in Thailand's capital markets, predominantly in SET50 stocks such as PTT, CPALL, and SCC, amounting to over 103 billion baht.
Analysts are cautious about foreign investments due to exchange rate volatility, but experts from GPF and Globlex Securities highlight the potential benefits of diversifying into international markets.
The growth in SET50 stocks is uncertain, yet they are expected to provide a 3% annual dividend return.
