Thailand's GPF hopes to raise international exposure to 35%
The Thai pension fund also sees the need to transition from sovereign debt to real assets, but struggles to build a long-term investment culture.
Today the $13 billion Government Pension Fund, Thailand's retirement fund for civil servants, has invested 19% of assets in international markets. It will probably hit its 25% legal limit within the next two years, after which it is likely to ask the government to let it invest up to 35% overseas.
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