JPMorgan Sees Strong Growth in Thailand's Wealth Management Industry

JPMorgan Asset Management (JPMAM) has seen significant growth in Thailand's wealth management industry, which is now one of the fastest-growing markets in Southeast Asia.

The firm attributes this growth to Thailand's developed wealth management industry, sophisticated investors and financial advisors, and the strong adoption of global investment products.

Anis Tiasiri, head of Southeast Asia and India intermediaries at JPMAM, notes that Thai investors are more receptive than many of their regional peers to overseas investments and alternative assets such as private equity and private credit.

This has accelerated the shift towards multi-asset investing, or core portfolio strategies, designed to help investors remain invested throughout market cycles rather than chase short-term returns.