Thailand’s GPF reviews portfolio sustainability

Thailand’s Government Pension Fund turns 20 this year and is looking to ensure its sustainability for another two decades amid increasingly yield-starved markets by further developing its asset allocation. The fund, with $21 billion under management and 1 million members, has already revamped its investment committee and management process in recent years. GPF said it had returned an annualised 6.7% since inception, 4.93% in the past decade, 4.94% in the past five years and 4.88% …