SCBAM Unveils Three-Year Growth Strategy Targeting 2.5 Trillion Baht AUM
SCBAM aims to reach 2.5 trillion baht in assets under management by 2029 and forecasts the Thai stock market to hit 1,710 points by 2027.
SCB Asset Management (SCBAM) has announced a strategic three-year plan aimed at increasing its total assets under management (AUM) to 2.5 trillion baht by 2029. According to a report by Prachachat Business, the firm is striving to reclaim the top position in the industry next year, following a period that saw 30 to 40 billion baht in outflows from its fixed-income funds.
For investors and residents monitoring the Thai financial landscape, SCBAM’s outlook provides a specific benchmark for the local market. The firm projects that the Stock Exchange of Thailand (SET) index could reach 1,710 points by 2027. To achieve its growth targets, SCBAM has identified four key investment themes, highlighting potential opportunities in U.S. and Asian equities as primary drivers for performance.
While these projections offer a positive outlook for the Thai capital market, they remain forecasts subject to global economic volatility and domestic market conditions. Whether SCBAM can successfully reverse recent fund outflows and regain its market-leading position remains to be confirmed as the firm executes its new strategy over the coming years.
