20.04.2012 - Thai Pension Fund to invest in U.S., European properties
Thailand’s Government Pension Fund, which manages about $17.5 billion of assets, is planning its first investments in U.S. and European commercial properties for higher returns than those generated from domestic bonds. The country’s third-biggest money manager will spend about $250 million this year buying the properties, Sopawadee Lertmanaschai, the agency’s secretary general, said in an interview at her office in Bangkok yesterday. The fund is selecting companies for advice on these investments, she said...............................................Full Article: Source
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