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Monday, April 29, 2024

Tisco plans launch of China fund as economy reopens

Saharat Chudsuwan, head of marketing and wealth advisory, mutual & private fund business at Tisco Asset Management. (Photo: Tisco Asset Management)

Tisco Asset Management (TISCOAM) is launching a trigger fund for China, aiming to catch the momentum amid the country’s reopening and the offering of government policies to stimulate the rebounding economy.

Saharat Chudsuwan, head of marketing and wealth advisory, mutual & private fund business at TISCOAM, said the Chinese government is likely to launch an accommodative monetary policy to drive the economy, which is forecast to expand by 4.6% this year.

The Chinese National Health Commission’s lifting of quarantine measures for overseas arrivals from Jan 8 should be a catalyst for the…

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