2024 a bumper year for Thai ESG funds

Quick Summary:

Thai ESG mutual funds attracted great interest from investors last year, with net assets under management (AUM) for the category increasing by almost 400% to 32 billion baht, up from 6.5 billion in 2023, according to Morningstar Research (Thailand).

Equity funds totalled 11 billion baht, accounting for 35% and they have the lowest growth rate compared with other types of funds.

Thai ESG bond funds were popular because their performance differs greatly from other types of funds, said Morningstar.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Return Equity Fund Bond Thai Baht Morningstar Billion Category Investors Funds

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 07:13:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 25094673

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