Mr Konyn said the opening of AIA Connect reflects the company's commitment to driving sustainable growth in Thailand and its confidence in the country's and Asia's long-term outlook.
Despite the current period of subdued economic growth, AIA remains optimistic about Thailand's long-term prospects, citing improving investor confidence and rising foreign direct investment (FDI) as key factors behind its continued investments in the country.Speaking in an interview with the Bangkok Post, Mark Konyn, group chief investment officer of the Hong Kong-based AIA Group, said Thailand fits very nicely into AIA's investment portfolio.
Ranking as the insurer's third-largest market, after Hong Kong and China, Thailand continues to offer attractive long-term investment opportunities, including in the real estate sector, he said.
AIA manages about US$240 billion in assets across its balance sheet in 18 markets, with a further $40 billion in investment-linked assets held outside its balance sheet.
Around 75% of the group's investment portfolio is allocated to assets designed to match long-term policyholder liabilities, while the remaining 25% is invested in growth assets to generate additional returns for participating policyholders.
