Mutual Fund value is expected to reach 20% of GDP by year-end

by bambr | August 20, 2009 at 08:41 pm
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Investing into mutual funds is growing drastically as the Thailand's public understanding of the subject grows. 

"The industry has continued to grow steadily over the past several years. In 1993, when the industry started, assets under management were 205.99 billion baht, or 6.7% of GDP. As of the end of last year, assets were 1.533 trillion baht, or 19% of GDP," said the president of the Association of Investment Management Companies with assets under management of 1.756 trillion baht, or 16.9% of GDP, in July.

It is also notable that investing into social conscience funds has grown significantly along with stock pedia

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jupita

Hey,I am from Thailand, yes investing knoweldge of our people is growing everyday :)nice nice

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