Thailand fund assets rose in 2025 as investors turned to safe havens, with strong performance in gold-related funds lifting the market. Thailand fund assets increased 1.67% to THB3.65tr (USD117bn) at end-2025, according to Morningstar Direct data shared with Asia Asset Management. Four Singapore-based Eastspring Investments funds, all gold-focused, topped performance rankings, led by the Eastspring Gold Bullion Retirement Mutual Fund – Currency Hedged, which returned 59.07%,

Thailand’s central bank will now permit non-bank institutions to establish asset management joint ventures to help resolve bad loans, expanding a framework previously limited to banks, according to rules published in the Royal Gazette. Applicants have two years to file, with each JV-AMC allowed to operate for up to 15 years. Initially deployed during the pandemic, the scheme has been extended to support ongoing debt workouts. Krungthai Bank plans to apply next year and expect