Post by account_disabled on Dec 26, 2023 8:45:10 GMT
Mr. Navin Inthasombat Chief Investment Officer (Deputy Managing Director) Foreign Investment Management Division) Kasikorn Asset Management Company Limited (Kasikorn Asset Management) revealed that after Kasikorn Asset Management launched the first offering of Term Fund Plus under the name K Fixed Date Asian Fund. Bond 2021A (KAB21A), which has received a lot of interest from investors because the fund offers an opportunity to receive higher returns than general Term Funds, resulting in subscriptions reaching the full amount of the project's capital. and closed the sale within only 2 days, with a total value of 2,780 million baht (information as of 8 July 2020). Kasikorn Asset Management is ready to offer for sale Term Fund Plus, the next fund under the name of the fund. Open K Foreign Debt Securities 2021A (KFF21A) between 10-16 July 2020, expecting a return of 1.4% per year - 1.6% per year.
Mr. Navin further said that the KFF21A fund uses a joint Industry Email List management strategy. between Kasikorn Asset Management Co., Ltd. and Invesco Hong Kong, with Invesco Hong Kong assigned to manage investments in good quality debt instruments around the world, especially in the Asian region, including some High Yield Bonds through the master fund Invesco Asian Bond Fixed. Maturity Fund 2021 - I, Class C(USD)-Acc in a proportion of not less than 70% of the portfolio. Kasikorn Asset Management Co., Ltd. Will be responsible for managing investments in foreign deposits, including Bank of China deposits, Agricultural Bank of China deposits (People's Republic of China) and Qatar National Bank deposits (Qatar) in a proportion of not less than 30% of the portfolio. To diversify the risk that may arise from fluctuations. “Asian debt instruments remain attractive as global deposit rates remain low. As a result, investors seek investments that give higher returns.
Investing in Asian debt instruments is considered one of the options that most investors are interested in. Especially investment grade debt instruments in the People's Republic of China. Because issuers are state enterprises, there is a low default rate. Kasikorn Asset Management has a positive view of China's economic growth in the long term. There are supporting factors from economic activities that are likely to recover well. and lead other countries because China opened the country first. Including opening China's capital market to allow more foreign investment. However, investors still need to keep an eye on conflicts with the United States. and the issue of the number of new COVID-19 infections. It is expected that China will be able to control the situation better because of its experience and effective monitoring and surveillance system.
Mr. Navin further said that the KFF21A fund uses a joint Industry Email List management strategy. between Kasikorn Asset Management Co., Ltd. and Invesco Hong Kong, with Invesco Hong Kong assigned to manage investments in good quality debt instruments around the world, especially in the Asian region, including some High Yield Bonds through the master fund Invesco Asian Bond Fixed. Maturity Fund 2021 - I, Class C(USD)-Acc in a proportion of not less than 70% of the portfolio. Kasikorn Asset Management Co., Ltd. Will be responsible for managing investments in foreign deposits, including Bank of China deposits, Agricultural Bank of China deposits (People's Republic of China) and Qatar National Bank deposits (Qatar) in a proportion of not less than 30% of the portfolio. To diversify the risk that may arise from fluctuations. “Asian debt instruments remain attractive as global deposit rates remain low. As a result, investors seek investments that give higher returns.
Investing in Asian debt instruments is considered one of the options that most investors are interested in. Especially investment grade debt instruments in the People's Republic of China. Because issuers are state enterprises, there is a low default rate. Kasikorn Asset Management has a positive view of China's economic growth in the long term. There are supporting factors from economic activities that are likely to recover well. and lead other countries because China opened the country first. Including opening China's capital market to allow more foreign investment. However, investors still need to keep an eye on conflicts with the United States. and the issue of the number of new COVID-19 infections. It is expected that China will be able to control the situation better because of its experience and effective monitoring and surveillance system.