Thai Government Pension Fund eyes deeper bond futures market
Fund has large fixed-income assets but there are limited hedging opportunities available
Thailand has seen strong expansion in its foreign exchange and equity derivatives markets since the 2008 financial crisis. And there are areas where institutional investors would like to see this development continue – above all in fixed-income futures.
Risk.net asked senior executives at the Government Pension Fund (GPF) – one of the country's biggest investors, with $23 billion in assets under management – what would help them manage risk more effectively.
They praised the improvements in
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