Bualuang Securities (BLS) is accelerating the expansion of its private fund portfolio, aiming to increase assets under management (AUM) to 10 billion baht as rising demand for overseas investments drives strong growth in Thailand's depositary receipt (DR) market.The company is focusing on global index DR portfolios and automated asset allocation solutions that allow Thai investors to gain exposure to world-class equities through local trading accounts.
"Investment trends are changing rapidly, requiring us to adapt our business strategy and emphasise investment advisory services," said BLS president Pichet Sithi-Amnuai.
"Investors want larger allocations for global DRs, particularly through private fund structures. As a result, we expect private fund AUM to increase significantly, with global DR investments becoming a major growth driver."
BLS aims to expand its total private fund AUM from 6-7 billion baht to 10 billion, supported by rising demand for professionally managed global investment portfolios.
Mr Pichet said DRs have become a gateway for Thai investors seeking international diversification without the complexity of opening foreign brokerage accounts.
