The second question came from a man who wanted a suggestion for mutual funds. "I want to help, but the questions were hard to properly answer," said Mr Chonladet. "The mutual fund market has huge growth potential compared with other Thai financial assets. The proliferation of smartphones and daily online activities are crucial factors to support mutual fund businesses in the long term, he said. Moreover, more than 60% of new accounts are millennials or people aged below 35 years, Mr Chonladet said.

Source: Bangkok Post July 30, 2021 23:37 UTC