Jul
03
Thailand’s $26 Billion Pension Fund Shuns Emerging Markets
By-
Trade tensions and weakening currencies are leading to caution
- The fund may increase investment in developed-market stocks
The slide in emerging markets is spooking Thailand’s $26 billion Government Pension Fund.
The fund will continue to avoid investing in developing-nation equities and bonds because of the risk of increased outflows due to global trade tensions and weakening currencies, according to its Secretary General Vitai Ratanakorn…