TMBAM ES prepares four funds for ARK

TMBAM ES prepares four funds for ARK

Company bullish on innovation, tech

TMBAM Eastspring and Thanachart Fund Eastspring are preparing to launch four new funds to invest in ARK Investment, the company whose master fund recorded the highest growth and returns worldwide last year, as TMBAM ES is bullish on innovation and technology.

“We believe a fund focusing on innovations will continue to grow in the future. We are preparing to open four equity funds to invest in ARK Investment to provide long-term investment and diversification opportunities for our customers,” said TMBAM ES chief executive Adisorn Sermchaiwong.

In the past 5-10 years, the increasing role of technology in the entertainment, communications, tourism, medical and financial sectors has changed people’s behaviour and needs, he said.

ARK Investment…