Thailand's Pension Fund to Increase Investments in Developed Nations
BY JACOB MASLOW

BANGKOK: -- Thailand’s Government Pension Fund, which oversees 708 billion baht, has announced that due to higher US interest rates, the fund will now increase investments and develop nation equities. Retirement funds for over 1 million employees are managed under the pension fund.

Equities are being discussed in Japan and Europe predominantly.

The fund is hoping to acquire real estate in Asia and Europe. Overseas investing for the fund has increased due to Thailand stocks and government bonds being dragged down. In the first three quarters of 2015, returns reached just 3.59%, down from 6.75% in 2014.

All financial assets will have their interest rates increased due to the projected increase in US interest rates in December.

Full story: http://ethailand.com/business-news/thailands-pension-fund-to-increase-investments-in-developed-nation-equities/406/

-- eThailand 2015-11-24

I am sure this will instill confidence in Thailand as a great place to invest, as even their own pension funds say "hmmm, no thanks..."

has announced that due to higher US interest rates,

Am I the only one who missed the US interest hike announcement?

"Thailand's Pension Fund to Increase Investments in Developed Nations" pretty much says it all really

"The fund is hoping to acquire real estate in Asia and Europe."

Western-styled constitutions do not apply to Thailand but the Thai regime wants ownership of property in foreign countries whose constitutions allow foreign ownership. Hipocrisy.

"increase investments in developed nations"

While the Prayut regime tries to convince foreign investrors to invest in emerging Thailand. Hipocrisy.

First, what increased interest rates???? Second, They would bring significently more 'Happiness' to the people of Thailand if they invested in their people, not overseas. The existing Thai pension rates are worse than pathetic at around 500bht a month.