The Criminal Court has accepted a petition from seven asset management firms damaged by fraud committed by Stark Corporation, joining the prosecutor in filing criminal charges against the SET-listed company for eight offences of fraud and public deception.
Krungthai Asset Management (KTAM) has joined hands with Kiatnakin Phatra Securities (KKPS) to launch private funds in the US, aiming to capture high returns in the growing private credit business there, says KTAM chief executive Chavinda Hanratanakool.
Three capital market organisations will meet on Tuesday to reach a final conclusion on the tax-deductible funds they want to propose to the Finance Ministry, hoping to revive investments in good fundamental stocks in the Thai stock market.
Krungthai Asset Management (KTAM) recommends investors diversify risks and balance their portfolios amid elevated interest rates and the US presidential election in November.
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