Fetco head presses for LTF stabilityThailand's capital market structure needs to increase the number of long-term investors to offset stock market volatility, with long-term equity fund (LTF) investment incentives remaining vital to attract long-term investors, says an industry veteran. Paiboon: Beefing up the number of long-term investors necessary to strength Thailand's capital market structure. Fetco has already discussed the need to maintain long-term investment capital in the stock market with the Finance Ministry, said Mr Paiboon. "Having a lock-up period for 10 years will enhance the effectiveness of long-term investment in the stock market." The investor confidence index (ICI) stands at 87.93, up 1.7% from November's 86.44, according to a monthly survey by Fetco.

Source: Bangkok Post December 03, 2019 23:31 UTC