Thailand's Bangkok Post writes "Investors turning to low-risk funds: Money-market funds"

May 15 07

Thailand's Bangkok Post writes "Investors turning to low-risk funds: Money-market funds offer good liquidity". The piece describes a doubling of the Thai money market mutual fund sector in 2006. Lertchai Kochareonrattanakul of Fitch Ratings, the lone rater of money funds in Thailand (including TMB Money Funds), says, "money-market funds became popular over the past two years and would continue to grow this year, thanks to their high liquidity and attractive returns. More investors were using money-market funds as an alternative to current and savings accounts."

Email This Article




Use a comma or a semicolon to separate

captcha image