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Thai HNWIs step up search for onshore wealth solutions

Wealthy Thai investors are seeking out advisors who can manage money onshore as foreign investment restrictions are eased and political calm returns, wealth managers said.
Thai HNWIs step up search for onshore wealth solutions
As political calm returns to the country and restrictions are eased, Thailand's fast-growing rich are demanding more sophisticated wealth-management solutions, drawing the interest of global wealth managers.  But it remains a localised market where foreign players must tread carefully.  The number of high-net-worth individuals in Thailand – typically defined as people with investable assets of $1 million and above – rose by 12.7% to 107,800 in 2016, with a combined wealth of $54…
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