One Asset to run ThailandÆs first ETF
The stock exchange selects the fund managerÆs international consortium to launch ThailandÆs first exchange-traded fund.
An international consortium led by One Asset Management has been selected by the Stock Exchange of Thailand (SET) to set up and launch ThailandÆs first exchange-traded fund (ETF). The ETF will officially be launched in the second quarter of 2007 and will track the SET50 index, comprised of ThailandÆs most liquid stocks. Bangkok-based One Asset Management was selected from a group of rival fund houses that were asked to submit a request for proposal (RFP) by the SET and Thailand Securi…
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