Chavinda Hanratanakool announced the Thai ESG X Fund’s launch, which will attract significant LTF capital, boosting investment and market confidence. KTAM’s AUM aim is THB 1 trillion by 2025.
Chavinda Hanratanakool emphasized that the Thai ESG X Fund aligns with sustainable investment principles, appealing to both institutional and retail investors. This initiative is expected to drive long-term financial growth while promoting environmental, social, and governance standards. As part of KTAM’s broader strategy, the fund plays a pivotal role in achieving the company’s ambitious target of THB 1 trillion in assets under management by 2025, reinforcing its position as a leader in Thailand’s asset management industry.
Thai ESG X Fund’s Impact on LTFs
Chavinda Hanratanakool, Managing Director of Krungthai Asset Management, announced that the government’s establishment of the Thai ESG X Fund, initiated on March 11, 2025, has reduced the selling pressure on Long Term Equity Funds (LTFs), now valued at THB 170 billion. The fund’s offering from May 2 to June 30, 2025, is projected to attract 50% of LTF capital, equating to THB 80 billion, alongside new investments of THB 20 billion, totaling a THB 100 billion inflow into the Thai ESG X.
Market Growth Prospects and Strategic Goals
The Securities and Exchange Commission has permitted asset managers to start developing Thai ESG X Funds, expecting up to 50 new funds from the industry. These funds will allocate 80% to high-sustainability equities and the remainder to international markets. Chavinda anticipates the Thai stock index reaching 1,450 points, fueled by debt restructuring and market measures. A potential interest rate cut could further boost the market. Chavinda also plans for KTAM’s assets under management to hit THB 1 trillion by end-2025, up from THB 951 billion in 2024.