The Association of Investment Management Companies (AIMC) expects Thai ESG mutual funds to add between THB5bn (USD146m) and THB8bn in late-year investments, lifting total 2024 SET inflows to THB28-30bn. Large investors typically finalise decisions in the last two weeks, AIMC chairwoman Chavinda Hanratanakool told a Fetco forum. Thai ESG funds offer tax deductions up to THB300,000 over five years. Markets may rise, buoyed by ESG demand and a possible U.S. Federal Reserve rate cut on 18 December 2024. The Thai bond market has performed well, especially in medium and long-term maturities. Global ESG investment has grown, led by Europe, according to InnovestX Securities. Oxford University found ESG-focused firms lower capital costs and boost performance. Thailand expects 3% growth and a SET of 1,614 next year.