Thailand’s first Infrastructure Fund Approved

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An infrastructure fund, The Thailand Future Fund, has finally been approved by the cabinet yesterday with Bt 100 billion in initial capital. The Fund aims to attract private investors as well as general public. Currently, the Fund’s offering minimum rate of return has not yet been finalised. However, the managing director and chief investment officer for fund management at BBL Asset Management said that in order to be able to compete with other similar funds in the ASEAN regions, the rate of return should about 5-9 per cent.

Source The Nation 16th December 2015

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