SSO looks at overseas assets | Bangkok Post: business

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SSO looks at overseas assets

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The Social Security Office (SSO), Thailand’s largest fund operator, plans to raise its investment in overseas assets in an effort to escape the impact of the volatility in the local stock market, weighed down by the political turbulence hurting listed companies' earnings and the economy. 

The SSO will increase its offshore assets from 3% of its portfolio to as much as 37% in the long run while lowering local assets to 63%, said head of investments Win Phromphaet.

Equity fund manager Amnaj Rajitganok said it can manage risks and invest in various kind of overseas assets.

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