BANGKOK -- The Thai Securities and Exchange Commission on Friday announced the launch of 22 new mutual funds to support the Southeast Asian nation's environmental, social and governance (ESG) goals, with managers of the products aiming to draw investment of around 10 billion baht ($284 million) by year-end.
Markets
Thailand aims to raise $284m through new ESG funds by year-end
Regulators look to position nation as sustainability leader in ASEAN
Thai Securities and Exchange Commission Secretary-General Pornanong Budsaratragoon, second from right, helps to launch the nation's first set of ESG funds on Dec. 8. (Photo by Francesca Regalado)
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