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Global risks prompt calls for portfolio diversification



Global economic risks are mounting due to the US election, China’s uncertain economic recovery, and broad geopolitical tensions, prompting experts to recommend global portfolio diversification. At an investment seminar in Bangkok co-hosted by JP Morgan Asset Management (JPMAM) and Kasikorn Asset Management (K-Asset), speakers highlighted key concerns, including election-related market volatility and China's long-term economic challenges, such as high housing inventories. Geopolitical risks, particularly in the Middle East, were also flagged as potential disruptors to global oil supplies. K-Asset advised investors to adopt a core-satellite portfolio strategy, with 80% in long-term, multi-asset investments and the rest in short-term holdings. The firm aims to grow its assets under management from BHT1.5tr to BHT2tr over the next three years.

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