
Thailand state pension fund may start investing overseas
Thailand Government Pension Fund (GPF), the sovereign wealth fund with assets totaling THB400 billion($13.2 billion), plans to invest overseas later this year. It is likely to target real estate funds, according to reports.
The fund is interested in funds targeting developed economies such as Europe and the US. It is said to want international property investments to account for 2% of its total assets, which will increase...
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