Thailand Fund Assets Rise on Strong Gains in Gold Funds

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%, while three other gold funds gained more than 50%.

TISCO’s China Strategy Fund ranked fifth with a 28.19% gain. Fixed income funds at Kasikorn and SCB attracted the largest inflows, while Bualuang recorded the biggest outflows.