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Saturday, May 4, 2024

AIA presses on with portfolio diversification

Logistics attracting insurer’s attention

AIA East Gateway, a 33-storey property located on Bang Na-Trat Road, was launched on Jan 25 to celebrate AIA Thailand’s 85th anniversary.

AIA, Asia’s largest publicly-listed life insurance and securities group, is looking to expand its portfolio to logistics and real estate-related projects in markets such as Thailand amid economic uncertainties.

Mark Konyn, the company’s Hong Kong-based group chief investment officer, said among alternative assets the firm is seeking are emerging investment opportunities in the logistics segment in Asia-Pacific, especially in Thailand.

“We see the economic structure continuing to shift, with the provision of last-mile product…

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