Krungsri Asset Management has launched three new funds in partnership with Invesco: KF-GEI with a size of 1.398 billion baht, and the KF-SP500M and KF-SP500MFX funds, which together total 1.352 billion baht. The firm's assets under management at the end of the first half of 2026 stood at 691 billion baht, and it remains a leader in foreign-currency funds with a combined size of over 1.39 billion baht. For the second-half investment outlook, Krungsri Asset Management recommends increasing weight in defensive equities, such as global dividend and healthcare sectors, to reduce volatility, while maintaining a positive view on Thai stocks driven by economic stimulus measures and foreign capital inflows. The SET earnings per share estimate for 2026 has been revised up to 96.87 baht per share. The global economy continues to expand, supported by AI investment and US consumption, but risks remain from inflation and Middle East tensions, which could pressure the Fed to raise rates by another 0.25 percent by year-end. For portfolio allocation, the firm suggests a 50 percent equity and 50 percent fixed-income split, diversified across global stocks, technology stocks, Chinese stocks, dividend stocks, and healthcare, alongside domestic and international bonds, as well as RMF and Thai ESG funds for tax benefits.
Invesco PlcInvesco is named as a partner in the launch of three new funds by Krungsri Asset Management, which may generate fee income.
Krungsri Asset Management launched three new funds with Invesco, growing its AUM and product lineup.