Bangkok, Aug. 21 – One Asset Management recommends “gradual accumulation” investment, focusing on foreign stocks. amid market volatility according to economic concerns Downgrade the Thai stock index by the end of the year by 1,570 points.
Mr. Pote Harinsut Chief Executive Officer One Asset Management Co., Ltd. said that in the midst of the current market conditions full of volatility. This is in line with concerns about economic slowdown in major countries such as the US, Europe and China, high policy interest rates, and political conflicts that affect the supply chain of essential goods. Therefore, there is a risk that the price of various goods or inflation will not adjust in the short term.
However, there is still a positive view on investing in the stock market, recommending “gradual accumulation” when the price declines. We see an opportunity to invest in large growth stocks. have a strong financial position good profit recovery and companies that benefit from generative AI that tend to continue to recover. A diversified company investing in sustainable and clean energy (ESG) businesses in China. and Asia Pacific which will support the policy of each country who are ready to support and move forward with the campaign to use clean energy and is likely to become an important investment trend in the future
In today’s volatile market conditions Also recommend investing in 50% stocks such as North Asian stocks, Growth Stocks in America. Another 40% is invested in fixed income securities and the remaining 10% is recommended to be invested in alternative assets. For investors who can accept risks and want to reduce the volatility of the portfolio through asset management companies Wan recommends “alternative funds” that have low correlation with economic and financial market conditions. And most importantly, there is no timing for investment, namely One Life Settlement Fund 5 Not for Retail Investors (ONE-LS5-UI) that invests in life insurance policies in the US secondary market. Invest in investment units of only one foreign fund (master fund), namely the One Life Settlement Limited Partnership Fund managed by SL Investment Management in US Dollars (USD). ONE-LS5-UI is a mutual fund. Feeder Fund, a fund that focuses on foreign investment, risk level 8+, ONE-LS5-UI fund, maturity 3 years 3 months, can be redeemed as specified by One Asset Management Co., Ltd. Minimum investment 500, 000 baht that the past performance from investing in Life settlement in the ONE-LS-UI – ONE-LS3-UI fund was good, averaging around 8-9% per year. The returns are relatively low in relation to economic factors. and through many crises, especially during COVID-19
Mr. Monthon Junchaya, Chief Investment Officer of One Asset Management Co., Ltd., said that the Thai economy is likely to continue to recover during the rest of the year. supported by the recovery of the tourism sector Especially Chinese tourists tend to recover in the second half of the year. Plus the government’s economic stimulus measures that have gradually come out. It is expected to support both domestic tourism. and household spending in the short term while general inflation continuous slowdown Help reduce pressure on the use of aggressive monetary policy by the Monetary Policy Committee (MPC). Overall GDP this year should grow at 3 percent, with the target of the Thai stock market index this year at 1,570 points, down from Previous goal at 1, 640 points under the assumption If the economic numbers And the government can issue a short-term economic stimulus plan within 2-3 months from now. Based on the assumption that the world economy is slowing down but not severely recession. weak chinese economy Thai politics is slow to form a government. there is an index rally This may affect budget disbursement delays. This year’s index may drop to 1,395 points.-Thai News Agency
Source: Thai News Agency