Muang Thai Life’s approach to outsourcing assets

Muang Thai Life is casting a wider net for its investments and has a team in place dedicated to filtering and selecting external managers, having seen its assets under management (AUM) more than treble in less than a decade. Given the low expected returns at home, it's not hard to see why. Ten-year Thai government bonds currently yield about 1.5% and by the end of 2020 are seen yielding less than that, according to half the delegates polled at AsianInvestor's third Institutio…