UOBAM to expand investment product lineup

UOB Asset Management (Thailand) (UOBAM) is embarking on a comprehensive expansion of its investment services this year, focusing on US equities, environmental, social and governancerelated (ESG) assets, and gold.

- NUNTAWUN POLKUAMDEE

Chief executive Vana Bulbon said UOBAM continues to expand its investment management business, catering to institutional, corporate and retail clients through mutual funds, private funds and provident funds.

Leveraging UOB Group’s regional network, the company aims to enhance its full-service investment offerings, he said.

As of the end of 2024, the company’s assets under management (AUM) tallied 273 billion, representing 10% growth year-on-year.

The provident fund business saw strong growth, securing mandates from major institutions like the Electricity Generating Authority of Thailand and the Government Savings Bank. As a result, UOBAM moved up to the sixth position among 17 asset management firms in Thailand.