Investment Perspectives for the New Decade: Foreign Assets as a Solution

Kasikorn Asset Management (KAsset) has released its second annual KAsset Capital Market Assumptions (KCMA) research, developed in collaboration with J.P. Morgan Asset Management. The research, created by over 30 experts from 4 investment management teams, evaluates return and risk trends for more than 100 asset types over the next 10-15 years. Win Prommate, CFA and Executive Chairman of KAsset, noted that despite global economic uncertainties, there are supportive signals from government and private sector investments, as well as the potential of technology and AI to enhance long-term production efficiency. The global investment portfolio is expected to yield an average return of 6.4% annually, with bonds becoming more significant. However, Thailand continues to face structural limitations such as investment slowdown, an aging society, and declining productivity growth. The long-term economic growth projection is approximately 2.1% annually with an average inflation rate of 1.2%. Given these constraints, Prommate recommends that investors diversify their portfolios by investing in foreign and alternative assets to increase flexibility and mitigate long-term risks and inflationary pressures.