Krungsri Asset Management confident AUM will reach 720 billion baht target in 2026, recommends 50:50 portfolio for second half

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Summary · why it matters

Krungsri Asset Management is confident that assets under management, or AUM, in 2026 will reach the target of 720 billion baht, after the first half saw AUM at 691 billion baht and a mutual fund market share of 8.10 percent, ranking fifth in the industry. The firm is moving ahead with launching new funds in partnership with global partner Invesco. In the first half, it launched three new funds: KF-GEI with a size of 1.398 billion baht, KF-SP500M, and KF-SP500MFX with a combined size of 1.352 billion baht. For the second half, the company recommends a portfolio diversification strategy of 50 percent in equities and 50 percent in fixed income. Within equities, it favors global stocks, technology stocks, dividend stocks, and healthcare stocks. For fixed income, it allocates 20 to 25 percent to Thai bonds, 15 percent to foreign bonds, and 10 percent to liquidity. On market views, KSAM assesses that the global economy will continue to expand, supported by AI and US consumption, while the Thai stock market still has a positive trend from economic stimulus measures and foreign capital inflows. It sets the SET Index target for this year at 1,650 to 1,700 points and estimates earnings per share, or EPS, at 96.87 baht per share.

Impact on stocks 1

Financials · 1 stocks
Invesco Plc
IVZ
▲ PositiveDemandrelevance

Krungsri Asset Management is launching new funds in partnership with Invesco, which may increase demand for Invesco's services.

Off-coverage companies 1

Krungsri Asset Management Company LimitedPrivate▲ Positive
Capitalrelevance

Krungsri Asset Management is confident in reaching its AUM target of 720 billion baht by 2026, with AUM already at 691 billion baht and plans to launch new funds.