Thailand’s GPF looks to new law to raise foreign investment

Thailand’s civil service pension fund and its second-largest retirement vehicle is pushing for reforms that could see its foreign assets swell to as much as 60% in the long term. Government Pension Fund (GPF) secretary general Srikanya Yathip, who manages assets worth Bt444.6 billion ($14 billion), said she believes opportunities overseas will continue to be more attractive than those at home. “When you invest in the global market, you diversify the portfolio better than if you …