Thai Mutual Fund Assets Hit Record $192 Billion on Stock Rally

Thai mutual fund companies saw their assets climb to a record 6.2 trillion baht ($192 billion) in July, as a rally in global stocks boosted their equity holdings and local markets rebounded after a big underperformance.

Total assets under management jumped 3.3% last month from June, according to data from the Association of Investment Management Companies in Thailand. The value of assets rose 5% from the end of 2024. Thai equities have also been supported after the central bank cut its policy interest rate to bolster the economy.