Thailand GPF to raise PE allocation

The Thai public pension fund aims to push PE to balance the portfolio.

The Thailand Government Pension Fund (GPF) said it targets to raise the exposure to private equity in next three years hoping to balance the Thai-bond heavy portfolio. It is aiming to push the long-term allocation of private equity to three percent by 2020 from the current 2.6 percent.

Also, once the Thailand's finance ministry relaxes the offshore investment limit, GPF would expect to further extend the long-term target allocation to four percent.

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