Bangkok, Thailand, 23 January 2025 – Kasikorn Asset Management (KAsset) has unveiled its inaugural annual KAsset Capital Market Assumptions (KCMA) research powered by J.P. Morgan Asset Management (JPMAM). This groundbreaking study provides a comprehensive outlook on global economic trends, asset returns, and risks for over 100 asset classes over the next 10-15 years. Additionally, it offers strategic asset allocation guidelines and age-based investment solutions (Life Path Solutions) to empower long-term investment decision-making.
Mr. Win Phromphaet, CFA, Executive Chairman of Kasikorn Asset Management (KAsset), revealed that the global economy is undergoing significant changes. Similarly, Thailand is facing various structural challenges such as an aging population and high household debt. These factors have a profound impact, both positively and negatively, on investment returns in both domestic and international financial markets.
Therefore, leveraging JPMAM's flagship annual publication Long-Term Capital Market Assumptions (LTCMAs), KAsset developed the KAsset Capital Market Assumptions (KCMA) research, specifically tailored to address the needs of Thai investors. This research comprehensively covers long-term economic trends over the next 10-15 years, including economic growth, inflation, interest rates, and returns of over 100 asset classes both domestically and globally. The KCMA research is the result of a dedicated collaborative effort by a team of over 30 experts from four core investment teams at both KAsset and JPMAM.
"The KCMA research was developed to provide asset return assumptions that support optimal portfolio construction for various investor groups, including institutional investors, fund managers, and financial advisors. It enables strategic asset allocation and systematic risk management. Currently, KAsset is utilizing the KCMA framework for managing multi-asset portfolios, such as the K-WealthPLUS Series, and for designing asset allocation plans for pension funds based on members' age groups (Life Path Solution), with the aim of achieving sustainable long-term returns," said Mr. Win.
"In conclusion, the launch of the KCMA research marks a significant milestone for the Thai investment industry. The in-depth insights provided by this research can serve as a roadmap for investors navigating the rapidly changing economic landscape to empower long-term investment decision-making," he added.