Tisco Asset Management expects 5% growth in assets under management (AUM) in 2019, similar to this year's performance, as market sentiment remains volatile amid prevailing global and domestic risks. "These negative factors will affect fund flows, cause volatility in emerging-market currencies and induce a global economic slowdown, therefore a cautious investment strategy is suggested, especially for long-term investment," Ms Pavinee said. Tisco Asset Management's total AUM is currently valued at about 250 billion baht, a 5% year-on-year increase. The company's AUM growth is projected at about 5% in 2019, considered a low growth ratio compared with a 34% increase logged in 2017, Ms Pavinee said. Separately, Tisco Asset Management will offer a long-term investment theme in 2019 to focus on retirement funds and provident funds.

Source: Bangkok Post December 28, 2018 00:00 UTC