Biggest Thai Pension Fund Shifts to Stocks as Bond Yields Slide

  • Social Security Office awaits board approval: investment chief
  • Cash surplus increasing demand for Thai debt, says Chompoopen

A woman uses a walking cane as she walks at Lumphini Park in Bangkok.

Photographer: Brent Lewin/Bloomberg

Thailand’s biggest pension fund plans to shift some of its 77 percent investment in bonds to riskier assets including stocks as a slide in yields erodes returns for its 14 million members.

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