SCB Asset Management Sees 2026 Risk-Asset Upcycle, Targets THB2tr AUM

SCB Asset Management expects a 2026 risk-asset upcycle, setting a best-case year-end target of 1,600 for the Stock Exchange of Thailand index and aiming to lift assets under management above THB2tr(USD56bn), its chief executive said.

CEO Narongsak Plodmechai cited stabilising global equities, a rebound in parts of Asia and easier liquidity as major central banks cut rates.

SCBAM aims to reach 1 million investors this year after opening 100,000 new accounts in the first two months.

The firm also expects digital-asset exchange-traded funds could launch by mid-2026 following regulatory changes, potentially broadening access to crypto-linked products in line with the SCB Asset Management 2026 risk-asset upcycle outlook.