KTAM eyes property funds | Bangkok Post: business

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KTAM eyes property funds

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Krung Thai Asset Management aims to lead in property funds and boost assets under management by 20% this year to 516 billion baht on positive overall investment climate, said CEO, Somchai Boonnamsiri. 

As the Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the property funds managed by KTAM, the capital increase will turn KTAM into the leader of this type of fund and put it in the forefront in terms of assets.

It managed assets worth 429 billion baht as of the end of last year.

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