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Thailand’s SET Creates Matching Fund

08-27-2008

People & Companies in the News

Aiming to invest in blue-chip and small-cap stocks starting in October, the Stock Exchange of Thailand will establish an 8.25-billion-baht matching fund, the Bangkok Post reports.

SET president Patareeya Benjapolchai said the program would include two components, with the first comprising one or more funds totaling four to five billion baht and including Middle Eastern and other foreign institutional investors as partners.

The second component will be a matching fund set by the SET and local asset management companies.

For the complete story, click here.

 

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