Jun 17, 2025 (MarketLine via COMTEX) --
Kiatnakin Phatra Financial Group (KKP) has announced a collaboration with Goldman Sachs Asset Management to broaden global investment opportunities for Thailand-based investors.
This collaboration aligns with Bangkok-based KKPaEUR(TM)s goal to strengthen its wealth management services and broadens Goldman Sachs Asset ManagementaEUR(TM)s third-party wealth operations.A
Under the alliance, Goldman Sachs Asset Management will offer KKP investment advisory support by delivering model portfolios covering diverse asset classes, such as stocks, bonds, and alternative investments.A
KKP will gain access to Goldman Sachs Asset Management's worldwide market perspectives and ongoing knowledge exchange between the two entities.AA
The partnership emphasises expanding Discretionary Portfolio Management (DPM) as a core objective.A
KKP considers DPM a tool for clients looking for a diversified, adaptable, and risk-conscious strategy to tackle the challenges of todayaEUR(TM)s intricate and fluctuating global markets.AA
Under the terms of the agreement, Goldman Sachs Asset Management will provide exclusive investment advisory services in multi-asset strategies to KKP in Thailand.A
Goldman Sachs Asset Management managing director Sabrina Gan said:?aEURoeWe see opportunities to expand our wealth distribution business in Thailand, where investors are increasingly seeking global opportunities.AAA
aEURoeThis collaboration, combining Goldman Sachs Asset ManagementaEUR(TM)s global investment capabilities with KKPaEUR(TM)s local knowledge, will allow us to work together to provide differentiated opportunities to investors in Thailand.aEUR?A
Kiatnakin Phatra Securities managing director and head of wealth management Narit Kosalathip said: aEURoeEncouraging clients to reduce home bias and diversify internationally has been central to our investment philosophy for over a decadeaEUR"and it has served our clients well.AA
aEURoeWe have invested heavily to build global investment capabilities, and this groundbreaking collaboration with Goldman Sachs Asset Management will elevate our ability to deliver world-class, globally diversified portfolios tailored to the evolving needs of Thai investors.aEURA
The two companies are also considering further opportunities for partnership, such as KKP potentially distributing investment products overseen by Goldman Sachs Asset Management.A
According to KKP, amid ThailandaEUR(TM)s evolving wealth management scene, where investors are diversifying globally, younger generations are actively managing family wealth, and alternative investments are gaining traction, KKP and Goldman Sachs Asset Management are partnering to guide investors through complex markets with proactive, diversified portfolio strategies.A
In April, Dubai-based banking group Mashreq formed an alliance with Goldman Sachs Asset Management to enhance its wealth management offerings.AA
The collaboration aimed to help Mashreq make a variety of discretionary portfolios available for its wealth clients.AA
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