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ESG Investing / Asset Management
KAsset, Lombard Odier team up on sustainability
Asset managers aim to raise bar of Thai mutual fund industry to a world-class level
The Asset 27 Feb 2024

Kasikornbank Asset Management (KAsset), a Kasikornbank (KBank) group company, and global wealth and asset manager Lombard Odier, acting as a consulting partner, have teamed up to formulate a strategy for the development of sustainable investment offerings and services to the Thai client market, in conformity with international standards.

Built upon the framework of knowledge sharing, this alliance aims to strengthen KAsset’s position as a leader in sustainability in Thailand and raise the bar of the Thai mutual fund industry to a world-class level, accelerating the transition to a more sustainable economy while seeking to deliver strong returns to investors.

This alliance is an expansion of an existing strategic alliance relationship between Lombard Odier and KBank Private Banking.

As a first building block of this collaboration, KAsset launched its new Target Net Zero (TNZ) equity strategy on the SET 100 Index in December last year, that leverages on Lombard Odier’s expertise to build climate-aligned portfolios. The TNZ strategy is a prelude to an upcoming range of sustainability strategies and initiatives, including a signature forum on sustainability for the clients of KBank.

“Financial institutions play a pivotal role as an upstream player in the economic system,” says Kattiya Indaravijaya, KBank’s CEO. “Both companies, which have long been in partnership, have attached importance to sustainability. This synergy will help uplift investment products to the next level, thus delivering long-term growth of returns to investors with the shared goal of creating a sustainable world.”

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